A Bull Market Continues To Unfold On Canoo Inc (NASDAQ: GOEV), As It Continued To Fall -65.70% In Year-To-Date

During the recent session, Canoo Inc (NASDAQ:GOEV)’s traded shares were 2.04 million, with the beta value of the company hitting 1.27. At the last check today, the stock’s price was $2.03, reflecting an intraday gain of 3.54% or $0.07. The 52-week high for the GOEV share is $19.50, that puts it down -860.59 from that peak though still a striking 39.9% gain since the share price plummeted to a 52-week low of $1.22. The company’s market capitalization is $143.88M, and the average trade volume was 4.77 million shares over the past three months.

Canoo Inc (NASDAQ:GOEV) trade information

Canoo Inc (GOEV) registered a 3.54% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.54% in intraday trading to $2.03, hitting a weekly high. The stock’s 5-day price performance is 12.12%, and it has moved by -15.45% in 30 days. Based on these gigs, the overall price performance for the year is -79.22%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Canoo Inc (GOEV) estimates and forecasts

Statistics show that Canoo Inc has outperformed its competitors in share price, compared to the industry in which it operates. Canoo Inc (GOEV) shares have gone down -62.29% during the last six months, with a year-to-date growth rate more than the industry average at 55.09% against 7.80.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -482.58%. While earnings are projected to return 61.91% in 2024.

GOEV Dividends

Canoo Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.