XL Fleet Corp. (NYSE:XL) went up by 4.80% from its latest closing price compared to the recent 1-year high of $35.00. The company’s stock price has collected -8.39% of loss in the last five trading sessions. Press Release reported on 02/25/21 that XL Fleet Becomes Electric Transportation Partner of UBS Arena and the New York Islanders, Plans to Deploy 1,000 EV Charging Stations
Is It Worth Investing in XL Fleet Corp. (NYSE :XL) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for XL Fleet Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $30.00. Today, the average trading volume of XL was 10.31M shares.
XL’s Market Performance
XL stocks went down by -8.39% for the week, with a monthly drop of -22.21% and a quarterly performance of 18.42%, while its annual performance rate touched 47.76%. The volatility ratio for the week stands at 9.78% while the volatility levels for the past 30 days are set at 8.12% for XL Fleet Corp.. The simple moving average for the period of the last 20 days is -19.63% for XL stocks with a simple moving average of 13.72% for the last 200 days.
Analysts’ Opinion of XL
Many brokerage firms have already submitted their reports for XL stocks, with Canaccord Genuity repeating the rating for XL by listing it as a “Buy.” The predicted price for XL in the upcoming period, according to Canaccord Genuity is $30 based on the research report published on January 29th of the current year 2021.
BTIG Research, on the other hand, stated in their research note that they expect to see XL reach a price target of $30. The rating they have provided for XL stocks is “Buy” according to the report published on January 22nd, 2021.
XL Trading at -25.37% from the 50-Day Moving Average
After a stumble in the market that brought XL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.57% of loss for the given period.
Volatility was left at 8.12%, however, over the last 30 days, the volatility rate increased by 9.78%, as shares sank -21.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.92% upper at present.
During the last 5 trading sessions, XL fell by -8.39%, which changed the moving average for the period of 200-days by +49.25% in comparison to the 20-day moving average, which settled at $18.27. In addition, XL Fleet Corp. saw -37.42% in overturn over a single year, with a tendency to cut further losses.