In the last trading session, 2.45 million Phoenix Motor Inc (NASDAQ:PEV) shares changed hands as the company’s beta touched 1.29. With the company’s per share price at $0.29 changed hands at -$0.02 or -4.98% during last session, the market valuation stood at $10.92M. PEV’s last price was a discount, traded about -451.72% off its 52-week high of $1.60. The share price had its 52-week low at $0.27, which suggests the last value was 6.9% up since then. When we look at Phoenix Motor Inc’s average trading volume, we note the 10-day average is 2.57 million shares, with the 3-month average coming to 1.45 million.
Phoenix Motor Inc (NASDAQ:PEV) trade information
Instantly PEV was in red as seen at the end of in last trading. With action -8.52%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -3.33%, with the 5-day performance at -8.52% in the red. However, in the 30-day time frame, Phoenix Motor Inc (NASDAQ:PEV) is -12.78% down. Looking at the short shares, we see there were 0.55 million shares sold at short interest cover period of 0.53 days.
PEV Dividends
Phoenix Motor Inc is expected to release its next quarterly earnings report in February.
Phoenix Motor Inc (NASDAQ:PEV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 65.83% of Phoenix Motor Inc shares while 0.85% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.47%. There are 0.85% institutions holding the Phoenix Motor Inc stock share, with GEODE CAPITAL MANAGEMENT, LLC the top institutional holder. As of 2024-06-30, the company held 0.5589% of the shares, roughly 0.12 million PEV shares worth $39818.0.
HARVEST FUND MANAGEMENT CO., LTD holds the second largest percentage of outstanding shares, with 0.1094% or 23185.0 shares worth $8000.0 as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund . With 82.81 shares estimated at $24016.0 under it, the former controlled 0.22% of total outstanding shares. On the other hand, Fidelity Total Market Index Fund held about 0.10% of the shares, roughly 37.57 shares worth around $10894.0.
