Electric Last Mile Solutions Inc. (NASDAQ:ELMS) went up by 4.60% from its latest closing price compared to the recent 1-year high of $15.30. The company’s stock price has collected -4.99% of loss in the last five trading sessions. Press Release reported on 11/15/21 that Electric Last Mile Solutions to Present at Deutsche Bank’s 2021 Industrials Conference
Is It Worth Investing in Electric Last Mile Solutions Inc. (NASDAQ :ELMS) Right Now?
Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Electric Last Mile Solutions Inc. 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 $14.50, which is $7.52 above the current price. ELMS currently public float of 62.06M and currently shorts hold a 3.34% ratio of that float. Today, the average trading volume of ELMS was 615.48K shares.
ELMS’s Market Performance
ELMS stocks went down by -4.99% for the week, with a monthly drop of -2.27% and a quarterly performance of 6.36%, while its annual performance rate touched -25.55%. The volatility ratio for the week stands at 8.35% while the volatility levels for the past 30 days are set at 7.60% for Electric Last Mile Solutions Inc.. The simple moving average for the period of the last 20 days is -3.27% for ELMS stocks with a simple moving average of -11.48% for the last 200 days.
Analysts’ Opinion of ELMS
Many brokerage firms have already submitted their reports for ELMS stocks, with DA Davidson repeating the rating for ELMS by listing it as a “Buy.” The predicted price for ELMS in the upcoming period, according to DA Davidson is $14 based on the research report published on August 11th of the current year 2021.
BTIG Research gave a rating of “Buy” to ELMS, setting the target price at $15 in the report published on July 27th of the current year.
ELMS Trading at 4.99% from the 50-Day Moving Average
After a stumble in the market that brought ELMS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.47% of loss for the given period.
Volatility was left at 7.60%, however, over the last 30 days, the volatility rate increased by 8.35%, as shares surge +1.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.34% upper at present.
During the last 5 trading sessions, ELMS fell by -4.99%, which changed the moving average for the period of 200-days by -31.75% in comparison to the 20-day moving average, which settled at $8.47. In addition, Electric Last Mile Solutions Inc. saw -39.51% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ELMS
The total capital return value is set at -3.45, while invested capital returns managed to touch -27.98.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.