In the last trading session, 30.1 million shares of the Phoenix Motor Inc (NASDAQ:PEV) were traded, and its beta was 1.01. Most recently the company’s share price was $1.05, and it changed around -$0.02 or -1.87% from the last close, which brings the market valuation of the company to $36.83M. PEV currently trades at a discount to its 52-week high of $1.94, offering almost -84.76% off that amount. The share price’s 52-week low was $0.31, which indicates that the current value has risen by an impressive 70.48% since then. We note from Phoenix Motor Inc’s average daily trading volume that its 10-day average is 25.3 million shares, with the 3-month average coming to 4.03 million.
Phoenix Motor Inc (NASDAQ:PEV) trade information
Instantly PEV has showed a red trend with a performance of -1.87% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.3900 on recent trading dayincreased the stock’s daily price by 24.46%. The company’s shares are currently up 0.45% year-to-date, but still up 179.26% over the last five days. On the other hand, Phoenix Motor Inc (NASDAQ:PEV) is 139.73% up in the 30-day period. We can see from the shorts that 0.29 million shares have been sold at a short interest cover period of 3.65 day(s).
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PEV Dividends
Phoenix Motor Inc’s next quarterly earnings report is expected to be released in November.
Phoenix Motor Inc (NASDAQ:PEV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 67.09% of Phoenix Motor Inc shares, and 0.77% of them are in the hands of institutional investors. The stock currently has a share float of 2.33%. Phoenix Motor Inc stock is held by 9.0 institutions, with GEODE CAPITAL MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 0.5589% of the shares, which is about 0.12 million shares worth $39818.0.
HARVEST FUND MANAGEMENT CO., LTD, with 0.1094% or 23185.0 shares worth $8000.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
