Microvast Holdings Inc. (NASDAQ:MVST) went up by 4.68% from its latest closing price compared to the recent 1-year high of $25.20. The company’s stock price has collected -3.22% of loss in the last five trading sessions. Press Release reported on 11/15/21 that Microvast Reports Third Quarter 2021 Results
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 -$2.73 below the current price. Today, the average trading volume of MVST was 1.99M shares.
MVST’s Market Performance
MVST stocks went down by -3.22% for the week, with a monthly jump of 10.09% and a quarterly performance of -5.62%, while its annual performance rate touched -22.61%. The volatility ratio for the week stands at 9.02% while the volatility levels for the past 30 days are set at 7.86% for Microvast Holdings Inc.. The simple moving average for the period of the last 20 days is -2.78% for MVST stocks with a simple moving average of -23.53% for the last 200 days.
MVST Trading at 0.14% 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 -65.36% of loss for the given period.
Volatility was left at 7.86%, however, over the last 30 days, the volatility rate increased by 9.02%, as shares surge +11.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.49% lower at present.
During the last 5 trading sessions, MVST fell by -3.22%, which changed the moving average for the period of 200-days by -56.11% in comparison to the 20-day moving average, which settled at $9.02. In addition, Microvast Holdings Inc. saw -48.95% 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.