In recent trading session, Microvast Holdings Inc (NASDAQ:MVST) saw 2.18 million shares changing hands at last check today with its beta currently measuring 2.22. Company’s recent per share price level of $2.02 trading at -$0.14 or -6.48% at last check today assigns it a market valuation of $654.26M. That most recent trading price of MVST’s stock is at a discount of -42.08% from its 52-week high price of $2.87 and is indicating a premium of 92.57% from its 52-week low price of $0.15.
For Microvast Holdings Inc (MVST), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.
Microvast Holdings Inc (NASDAQ:MVST) trade information
Upright in the red during last session for losing -6.48%, in the last five days MVST remained trading in the red while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $2.02 price level, adding 16.53% to its value on the day. Microvast Holdings Inc’s shares saw a change of -2.42% in year-to-date performance and have moved -0.98% in past 5-day. Microvast Holdings Inc (NASDAQ:MVST) showed a performance of -2.88% in past 30-days.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 74.75% to its recent value today. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -296.04% in reaching the projected high whereas dropping to the targeted low would mean a loss of -296.04% for stock’s current value.
Microvast Holdings Inc (MVST) estimates and forecasts
This year revenue growth is estimated to rise 17.06% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 92.5M for the same. And 1 analysts are in estimates of company making revenue of 105.76M in the next quarter. Company posted 104.58M and 81.35M of sales in current and next quarters respectively a year earlier.
Microvast Holdings Inc (NASDAQ:MVST)’s Major holders
VANGUARD GROUP INC is the top institutional holder at MVST for having 9.69 million shares of worth $4.42 million. And as of 2024-06-30, it was holding 3.0729 of the company’s outstanding shares.
The second largest institutional holder is OWL CREEK ASSET MANAGEMENT, L.P., which was holding about 6.82 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.1601 of outstanding shares, having a total worth of $3.11 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 5.81 shares of worth $11.86 million or 1.80% of the total outstanding shares. The later fund manager was in possession of 3.4 shares on Sep 30, 2024, making its stake of worth around $6.93 million in the company or a holder of 1.05% of company’s stock.
