In the last trading session, 3.41 million shares of the Microvast Holdings Inc (NASDAQ:MVST) were traded, and its beta was 2.77. Most recently the company’s share price was $1.92, and it changed around -$0.06 or -3.03% from the last close, which brings the market valuation of the company to $625.13M. MVST currently trades at a discount to its 52-week high of $2.87, offering almost -49.48% off that amount. The share price’s 52-week low was $0.15, which indicates that the current value has risen by an impressive 92.19% since then.
Microvast Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended MVST as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Microvast Holdings Inc (NASDAQ:MVST) trade information
Instantly MVST has showed a red trend with a performance of -3.03% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.0800 on recent trading dayincreased the stock’s daily price by 7.69%. The company’s shares are currently down -7.25% year-to-date, but still down -4.95% over the last five days. On the other hand, Microvast Holdings Inc (NASDAQ:MVST) is 7.26% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $1.59, which translates to bulls needing to decrease their stock price by -20.75% from its current value. Analyst projections state that MVST is forecast to be at a low of $1.59 and a high of $1.59.
MVST Dividends
Microvast Holdings Inc’s next quarterly earnings report is expected to be released in June.
OWL CREEK ASSET MANAGEMENT, L.P., with 2.1601% or 6.82 million shares worth $3.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.81 shares worth $11.16 million, making up 1.79% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 2.76 shares worth around $5.3 million, which represents about 0.85% of the total shares outstanding.
