Twin Vee PowerCats Co (NASDAQ: VEEE)’s Outlook Shocks Bears.

In the last trading session, 4.52 million shares of the Twin Vee PowerCats Co (NASDAQ:VEEE) were traded, and its beta was 1.04. Most recently the company’s share price was $0.49, and it changed around $0.11 or 26.86% from the last close, which brings the market valuation of the company to $7.23M. VEEE currently trades at a discount to its 52-week high of $1.54, offering almost -214.29% off that amount. The share price’s 52-week low was $0.31, which indicates that the current value has risen by an impressive 36.73% since then. We note from Twin Vee PowerCats Co’s average daily trading volume that its 10-day average is 1.84 million shares, with the 3-month average coming to 773.06K.

Twin Vee PowerCats Co stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended VEEE as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Twin Vee PowerCats Co is expected to report earnings per share of 0 for the current quarter.

Twin Vee PowerCats Co (NASDAQ:VEEE) trade information

Instantly VEEE has showed a green trend with a performance of 26.86% 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 0.6300 on recent trading dayincreased the stock’s daily price by 22.22%. The company’s shares are currently down -11.64% year-to-date, but still up 6.86% over the last five days. On the other hand, Twin Vee PowerCats Co (NASDAQ:VEEE) is 31.35% up in the 30-day period. We can see from the shorts that 0.38 million shares have been sold at a short interest cover period of 0.37 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -103.79%.

VEEE Dividends

Twin Vee PowerCats Co’s next quarterly earnings report is expected to be released in February.

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

Upon looking at major shareholders, it appears that insiders hold 31.21% of Twin Vee PowerCats Co shares, and 13.83% of them are in the hands of institutional investors. The stock currently has a share float of 20.11%. Twin Vee PowerCats Co stock is held by 12.0 institutions, with AWM INVESTMENT COMPANY, INC. being the largest institutional investor. By 2024-06-30, it held 8.3387% of the shares, which is about 0.79 million shares worth $0.43 million.

BARD ASSOCIATES INC, with 0.8323% or 79238.0 shares worth $43185.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 60.19 shares worth $29253.0, making up 0.63% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 33.43 shares worth around $16245.0, which represents about 0.35% of the total shares outstanding.