GreenPower Motor Company Inc (NASDAQ:GP)’s traded shares stood at 0.51 million during the latest session, with the company’s beta value hitting 3.88. At the last check today, the stock’s price was $1.63, to imply an increase of 21.18% or $0.28 in intraday trading. The GP share’s 52-week high remains $3.46, putting it -112.27% down since that peak but still an impressive 57.06% since price per share fell to its 52-week low of $0.70. The company has a valuation of $43.18M, with an average of 88420.0 shares in intraday trading volume over the past 10 days and average of 145.13K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for GreenPower Motor Company Inc (GP), translating to a mean rating of 1.50. Of 2 analyst(s) looking at the stock, 0 analyst(s) give GP a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.19.
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
GreenPower Motor Company Inc (NASDAQ:GP) trade information
After registering a 21.18% upside in the latest session, GreenPower Motor Company Inc (GP) has traded red over the past five days. The 5-day price performance for the stock is 27.34%, and 11.64% over 30 days. With these gigs, the year-to-date price performance is -47.93%. Short interest in GreenPower Motor Company Inc (NASDAQ:GP) saw shorts transact 90044.0 shares and set a 0.29 days time to cover.
The extremes give us $3 and $9 for target low and target high price respectively. As such, GP has been trading -452.15% off suggested target high and -84.05% from its likely low.
GreenPower Motor Company Inc (GP) estimates and forecasts
Looking at statistics comparing GreenPower Motor Company Inc share performance against respective industry, we note that the company has underperformed competitors. GreenPower Motor Company Inc (GP) shares are -10.93% down over the last 6 months, with its year-to-date growth rate lower than industry average at -8.11% against -7.20%. Revenue is forecast to shrink -11.80% this quarter before jumping 15.80% for the next one. The rating firms project that company’s revenue will shrink -28.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 5.2M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 7.97M.
GP Dividends
GreenPower Motor Company Inc has its next earnings report out on 2024-Nov-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
GreenPower Motor Company Inc (NASDAQ:GP)’s Major holders
GreenPower Motor Company Inc insiders hold 24.88% of total outstanding shares, with institutional holders owning 1.40% of the shares at 1.86% float percentage. In total, 1.40% institutions holds shares in the company, led by AXXCESS WEALTH MANAGEMENT, LLC. As of 2024-06-30, the company held over 0.18 million shares (or 0.7203% of shares), all amounting to roughly $0.19 million.
The next major institution holding the largest number of shares is COMMONWEALTH EQUITY SERVICES, LLC with 50123.0 shares, or about 0.2006% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $52000.0.
