Phoenix Motor Inc (PEV): What Makes The Stock Attractive?

Phoenix Motor Inc (NASDAQ:PEV) has a beta value of 1.01 and has seen 11.23 million shares traded in the last trading session. The company, currently valued at $18.38M, closed the last trade at $0.40 per share which meant it gained $0.07 on the day or 22.08% during that session. The PEV stock price is -247.5% off its 52-week high price of $1.39 and 50.0% above the 52-week low of $0.20.

Phoenix Motor Inc (NASDAQ:PEV) trade information

Sporting 22.08% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PEV stock price touched $0.40 or saw a rise of 21.57%. Year-to-date, Phoenix Motor Inc shares have moved 33.27%, while the 5-day performance has seen it change 36.92%. Over the past 30 days, the shares of Phoenix Motor Inc (NASDAQ:PEV) have changed 62.52%.

Phoenix Motor Inc (PEV) estimates and forecasts

The company’s shares have lost -11.16% over the past 6 months.

PEV Dividends

Phoenix Motor Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

The top two institutional holders are GEODE CAPITAL MANAGEMENT, LLC with over 0.12 million shares worth more than $39818.0. As of 2024-06-30, GEODE CAPITAL MANAGEMENT, LLC held 0.5589% of shares outstanding.

The other major institutional holder is HARVEST FUND MANAGEMENT CO., LTD, with the holding of over 23185.0 shares as of 2024-06-30. The firm’s total holdings are worth over $8000.0 and represent 0.1094% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 0.18% shares in the company for having 82.15 shares of worth $32844.0 while later fund manager owns 37.57 shares of worth $15019.0 as of Dec 31, 2024 , which makes it owner of about 0.08% of company’s outstanding stock.