In last trading session, Microvast Holdings Inc (NASDAQ:MVST) saw 7.69 million shares changing hands with its beta currently measuring 2.38. Company’s recent per share price level of $2.15 trading at -$0.18 or -7.73% at ring of the bell on the day assigns it a market valuation of $699.20M. That closing price of MVST’s stock is at a discount of -33.49% from its 52-week high price of $2.87 and is indicating a premium of 93.02% from its 52-week low price of $0.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.24 million shares which gives us an average trading volume of 6.95 million if we extend that period to 3-months.
For Microvast Holdings Inc (MVST), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. 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 -7.73%, in the last five days MVST remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $2.15 price level, adding 10.42% to its value on the day. Microvast Holdings Inc’s shares saw a change of 3.86% in year-to-date performance and have moved 30.30% in past 5-day. Microvast Holdings Inc (NASDAQ:MVST) showed a performance of 79.17% in past 30-days. Number of shares sold short was 23.03 million shares which calculate 6.03 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.59 to the stock, which implies a fall of -35.22% to its current value. Analysts have been projecting 1.59 as a low price target for the stock while placing it at a high target of 1.59. It follows that stock’s current price would jump 26.05% in reaching the projected high whereas dropping to the targeted low would mean a gain of 26.05% for stock’s current value.
Microvast Holdings Inc (MVST) estimates and forecasts
This year revenue growth is estimated to rise 21.90% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 106M for the same. And 3 analysts are in estimates of company making revenue of 111.95M in the next quarter. Company posted 81.35M and 83.67M of sales in current and next quarters respectively a year earlier.
Microvast Holdings Inc (NASDAQ:MVST)’s Major holders
Insiders are in possession of 39.56% of company’s total shares while institution are holding 13.00 percent of that, with stock having share float percentage of 21.51%. Investors also watch the number of corporate investors in a company very closely, which is 13.00% institutions for Microvast Holdings Inc that are currently holding shares of the company. 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 3.0715 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.81 shares of worth $12.5 million or 1.79% of the total outstanding shares. The later fund manager was in possession of 2.76 shares on Dec 31, 2024 , making its stake of worth around $5.94 million in the company or a holder of 0.85% of company’s stock.
