The Lion Electric Company (NYSE:LEV) went up by 6.68% from its latest closing price compared to the recent 1-year high of $35.25. The company’s stock price has collected -4.51% of loss in the last five trading sessions. Press Release reported on 09/07/21 that (PR) Lion Electric Highlights the Benefits of Zero-Emission Vehicles at its Flagship Experience Centre in Terrebonne, Quebec
Is It Worth Investing in The Lion Electric Company (NYSE :LEV) Right Now?
LEV currently public float of 85.79M and currently shorts hold a 6.22% ratio of that float. Today, the average trading volume of LEV was 990.40K shares.
LEV’s Market Performance
LEV stocks went down by -4.51% for the week, with a monthly drop of -18.93% and a quarterly performance of -38.00%. The volatility ratio for the week stands at 6.04% while the volatility levels for the past 30 days are set at 5.20% for The Lion Electric Company. The simple moving average for the period of the last 20 days is -4.00% for LEV stocks with a simple moving average of -35.31% for the last 200 days.
Analysts’ Opinion of LEV
Many brokerage firms have already submitted their reports for LEV stocks, with Raymond James repeating the rating for LEV by listing it as a “Mkt Perform.” The predicted price for LEV in the upcoming period, according to Raymond James is $22 based on the research report published on June 16th of the current year 2021.
LEV Trading at -18.65% from the 50-Day Moving Average
After a stumble in the market that brought LEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.95% of loss for the given period.
Volatility was left at 5.20%, however, over the last 30 days, the volatility rate increased by 6.04%, as shares sank -17.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.44% lower at present.
During the last 5 trading sessions, LEV fell by -4.51%, which changed the moving average for the period of 200-days by +2.01% in comparison to the 20-day moving average, which settled at $12.02. In addition, The Lion Electric Company saw -34.48% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LEV
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.