In the last trading session, 1.24 million shares of the Twin Vee PowerCats Co (NASDAQ:VEEE) were traded, and its beta was 1.03. Most recently the company’s share price was $0.44, and it changed around -$0.05 or -10.08% from the last close, which brings the market valuation of the company to $6.50M. VEEE currently trades at a discount to its 52-week high of $1.54, offering almost -250.0% off that amount. The share price’s 52-week low was $0.31, which indicates that the current value has risen by an impressive 29.55% 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 847.06K.
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 (NASDAQ:VEEE) trade information
Instantly VEEE has showed a red trend with a performance of -10.08% 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 30.16%. The company’s shares are currently down -20.55% year-to-date, but still up 12.05% over the last five days. On the other hand, Twin Vee PowerCats Co (NASDAQ:VEEE) is 20.39% 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.
