Arcimoto Inc. (NASDAQ:FUV) went up by 12.20% from its latest closing price compared to the recent 1-year high of $10.45. The company’s stock price has collected -14.14% of loss in the last five trading sessions. Barron’s reported on 02/23/22 that Arcimoto Stock Gives Back Gains. The EV Maker Has a New Factory and a Self-Driving Plan.
Is It Worth Investing in Arcimoto Inc. (NASDAQ :FUV) Right Now?
Plus, the 36-month beta value for FUV is at 2.29. Opinions of the stock are interesting as 1 analysts out of 2 who provided ratings for Arcimoto 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 $3.73, which is $5.68 above the current price. FUV currently public float of 38.11M and currently shorts hold a 31.04% ratio of that float. Today, the average trading volume of FUV was 971.36K shares.
FUV’s Market Performance
FUV stocks went down by -14.14% for the week, with a monthly drop of -41.18% and a quarterly performance of -80.74%, while its annual performance rate touched -95.72%. The volatility ratio for the week stands at 15.71% while the volatility levels for the past 30 days are set at 13.11% for Arcimoto Inc. The simple moving average for the period of the last 20 days is -26.37% for FUV stocks with a simple moving average of -87.18% for the last 200 days.
Analysts’ Opinion of FUV
Alliance Global Partners, on the other hand, stated in their research note that they expect to see FUV reach a price target of $18. The rating they have provided for FUV stocks is “Buy” according to the report published on September 10th, 2021.
FUV Trading at -56.19% from the 50-Day Moving Average
After a stumble in the market that brought FUV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.89% of loss for the given period.
Volatility was left at 13.11%, however, over the last 30 days, the volatility rate increased by 15.71%, as shares sank -41.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -77.64% lower at present.
During the last 5 trading sessions, FUV fell by -14.14%, which changed the moving average for the period of 200-days by -92.72% in comparison to the 20-day moving average, which settled at $0.5679. In addition, Arcimoto Inc. saw -94.48% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FUV
Current profitability levels for the company are sitting at:
- -1021.78 for the present operating margin
- -290.97 for the gross margin
The net margin for Arcimoto Inc. stands at -1084.39. Equity return is now at value -156.00, with -112.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.49.