XL Fleet Corp. (NYSE:XL) went up by 4.58% from its latest closing price compared to the recent 1-year high of $35.00. The company’s stock price has collected -3.35% of loss in the last five trading sessions. Press Release reported on 08/26/21 that XL Fleet to Electrify Ram 2500 and 3500 Heavy Duty Pickup Trucks with Hybrid Electric Upfit Technology
Is It Worth Investing in XL Fleet Corp. (NYSE :XL) Right Now?
Opinions of the stock are interesting as 0 analysts out of 2 who provided ratings for XL Fleet Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.00, which is $0.52 above the current price. XL currently public float of 103.52M and currently shorts hold a 12.49% ratio of that float. Today, the average trading volume of XL was 2.23M shares.
XL’s Market Performance
XL stocks went down by -3.35% for the week, with a monthly drop of -13.84% and a quarterly performance of -18.21%, while its annual performance rate touched -48.98%. The volatility ratio for the week stands at 4.35% while the volatility levels for the past 30 days are set at 5.46% for XL Fleet Corp.. The simple moving average for the period of the last 20 days is -9.20% for XL stocks with a simple moving average of -46.93% 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 “Hold.” The predicted price for XL in the upcoming period, according to Canaccord Genuity is $6 based on the research report published on August 16th of the current year 2021.
Canaccord Genuity gave a rating of “Buy” to XL, setting the target price at $30 in the report published on January 29th of the current year.
XL Trading at -13.57% 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 -84.34% of loss for the given period.
Volatility was left at 5.46%, however, over the last 30 days, the volatility rate increased by 4.35%, as shares sank -11.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.35% lower at present.
During the last 5 trading sessions, XL fell by -3.35%, which changed the moving average for the period of 200-days by -81.60% in comparison to the 20-day moving average, which settled at $6.00. In addition, XL Fleet Corp. saw -76.91% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for XL
Current profitability levels for the company are sitting at:
- -75.20 for the present operating margin
- +10.43 for the gross margin
The net margin for XL Fleet Corp. stands at -297.99. The total capital return value is set at -7.40, while invested capital returns managed to touch -29.32. Equity return is now at value -3.10, with -2.50 for asset returns.
Based on XL Fleet Corp. (XL), the company’s capital structure generated 0.11 points at debt to equity in total, while total debt to capital is 0.11. Total debt to assets is 0.06, with long-term debt to equity ratio resting at 0.05. Finally, the long-term debt to capital ratio is 0.05.
When we switch over and look at the enterprise to sales, we see a ratio of 82.46, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 3.85 and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 38.02.