Microvast Holdings Inc. (NASDAQ:MVST) went down by -1.96% from its latest closing price compared to the recent 1-year high of $25.20. The company’s stock price has collected 1.08% of gains in the last five trading sessions. Press Release reported on 09/15/21 that Thinking about buying stock in Microvast, FuelCell Energy, Workhorse Group, Adaptimmune Therapeutics, or American Resources?
Is It Worth Investing in Microvast Holdings Inc. (NASDAQ :MVST) Right Now?
Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Microvast Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $6.00, which is -$1.5 below the current price. Today, the average trading volume of MVST was 3.18M shares.
MVST’s Market Performance
MVST stocks went up by 1.08% for the week, with a monthly drop of -22.92% and a quarterly performance of -36.49%, while its annual performance rate touched -26.25%. The volatility ratio for the week stands at 5.16% while the volatility levels for the past 30 days are set at 7.62% for Microvast Holdings Inc.. The simple moving average for the period of the last 20 days is -15.21% for MVST stocks with a simple moving average of -40.99% for the last 200 days.
MVST Trading at -22.16% from the 50-Day Moving Average
After a stumble in the market that brought MVST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.24% of loss for the given period.
Volatility was left at 7.62%, however, over the last 30 days, the volatility rate increased by 5.16%, as shares sank -21.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.24% lower at present.
During the last 5 trading sessions, MVST rose by +1.08%, which changed the moving average for the period of 200-days by -60.46% in comparison to the 20-day moving average, which settled at $8.74. In addition, Microvast Holdings Inc. saw -56.14% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MVST
Equity return is now at value -2.20, with -2.20 for asset returns.