Canoo Inc (NASDAQ:GOEV)’s traded shares stood at 2.65 million during the last session, with the company’s beta value hitting 1.27. At the close of trading, the stock’s price was $0.94, to imply an increase of 1.30% or $0.01 in intraday trading. The GOEV share’s 52-week high remains $8.81, putting it -837.23% down since that peak but still an impressive 6.38% since price per share fell to its 52-week low of $0.88. The company has a valuation of $81.86M, with an average of 2.88 million shares in intraday trading volume over the past 10 days and average of 3.12 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Canoo Inc (GOEV), translating to a mean rating of 1.67. Of 4 analyst(s) looking at the stock, 0 analyst(s) give GOEV a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy.
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 (NASDAQ:GOEV) trade information
After registering a 1.30% upside in the last session, Canoo Inc (GOEV) has traded red over the past five days. The 5-day price performance for the stock is -3.64%, and -0.36% over 30 days. With these gigs, the year-to-date price performance is -84.07%. Short interest in Canoo Inc (NASDAQ:GOEV) saw shorts transact 11.51 million shares and set a 3.01 days time to cover.
The extremes give us $1.5 and $4.5 for target low and target high price respectively. As such, GOEV has been trading -378.72% off suggested target high and -59.57% from its likely low.
Canoo Inc (GOEV) estimates and forecasts
Looking at statistics comparing Canoo Inc share performance against respective industry, we note that the company has outperformed competitors. Canoo Inc (GOEV) shares are -65.09% down over the last 6 months, with its year-to-date growth rate higher than industry average at 61.46% against -6.80%.
GOEV Dividends
Canoo 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.
Canoo Inc (NASDAQ:GOEV)’s Major holders
Canoo Inc insiders hold 4.45% of total outstanding shares, with institutional holders owning 23.57% of the shares at 24.67% float percentage. In total, 23.57% institutions holds shares in the company, led by IFP ADVISORS, INC.
