Twin Vee PowerCats Co (VEEE) Slumps 16.82%, A Gain For Bears

NOVA

Twin Vee PowerCats Co (NASDAQ:VEEE) has a beta value of 1.06 and has seen 7.0 million shares traded in the last trading session. The company, currently valued at $8.56M, closed the last trade at $0.49 per share which meant it gained $0.07 on the day or 16.82% during that session. The VEEE stock price is -214.29% off its 52-week high price of $1.54 and 36.73% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.49 million shares traded. The 3-month trading volume is 543.70K shares.

Twin Vee PowerCats Co (NASDAQ:VEEE) trade information

Sporting 16.82% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VEEE stock price touched $0.49 or saw a rise of 18.33%. Year-to-date, Twin Vee PowerCats Co shares have moved -10.36%, while the 5-day performance has seen it change 38.87%. Over the past 30 days, the shares of Twin Vee PowerCats Co (NASDAQ:VEEE) have changed 28.12%. Short interest in the company has seen 0.38 million shares shorted with days to cover at 0.37.

Twin Vee PowerCats Co (VEEE) estimates and forecasts

The company’s shares have lost -9.71% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -103.79% over the past 5 years.

VEEE Dividends

Twin Vee PowerCats Co is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Twin Vee PowerCats Co (NASDAQ:VEEE)’s Major holders

Insiders own 31.21% of the company shares, while shares held by institutions stand at 13.83% with a share float percentage of 20.11%. Investors are also buoyed by the number of investors in a company, with Twin Vee PowerCats Co having a total of 12.0 institutions that hold shares in the company. The top two institutional holders are AWM INVESTMENT COMPANY, INC. with over 0.79 million shares worth more than $0.43 million. As of 2024-06-30, AWM INVESTMENT COMPANY, INC. held 8.3387% of shares outstanding.

The other major institutional holder is BARD ASSOCIATES INC, with the holding of over 79238.0 shares as of 2024-06-30. The firm’s total holdings are worth over $43185.0 and represent 0.8323% of shares outstanding.