Is Phoenix Motor Inc (NASDAQ: PEV) Stock Ready To Get A Higher Bid?

In the last trading session, 1.11 million Phoenix Motor Inc (NASDAQ:PEV) shares changed hands as the company’s beta touched 1.25. With the company’s per share price at $0.33 changed hands at -$0.02 or -6.74% during last session, the market valuation stood at $14.95M. PEV’s last price was a discount, traded about -321.21% off its 52-week high of $1.39. The share price had its 52-week low at $0.20, which suggests the last value was 39.39% up since then.

Phoenix Motor Inc (NASDAQ:PEV) trade information

Instantly PEV was in red as seen at the end of in last trading. With action -34.40%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 8.90%, with the 5-day performance at -34.40% in the red. However, in the 30-day time frame, Phoenix Motor Inc (NASDAQ:PEV) is 25.17% up.

Phoenix Motor Inc (NASDAQ:PEV)’s Major holders

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 Dec 31, 2024 were Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund. With 82.15 shares estimated at $26839.0 under it, the former controlled 0.18% of total outstanding shares. On the other hand, Fidelity Total Market Index Fund held about 0.08% of the shares, roughly 37.57 shares worth around $12273.0.