Atlis Motor Vehicles Inc. (NASDAQ:AMV) went down by -25.11% from its latest closing price compared to the recent 1-year high of $243.99. The company’s stock price has collected -42.47% of loss in the last five trading sessions. Barron’s reported on 09/28/22 that Atlis Motor Stock Falls Sharply After Surging More Than 700% Over 2 Days
Is It Worth Investing in Atlis Motor Vehicles Inc. (NASDAQ :AMV) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Atlis Motor Vehicles 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 $15.00, which is $11.6 above the current price. AMV currently public float of 8.94M and currently shorts hold a 0.73% ratio of that float. Today, the average trading volume of AMV was 1.03M shares.
AMV’s Market Performance
AMV stocks went down by -42.47% for the week, with a monthly drop of -22.49% and a quarterly performance of -75.11%. The volatility ratio for the week stands at 26.36% while the volatility levels for the past 30 days are set at 39.84% for Atlis Motor Vehicles Inc. The simple moving average for the period of the last 20 days is -21.80% for AMV stocks with a simple moving average of -72.01% for the last 200 days.
AMV Trading at -51.43% from the 50-Day Moving Average
After a stumble in the market that brought AMV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.61% of loss for the given period.
Volatility was left at 39.84%, however, over the last 30 days, the volatility rate increased by 26.36%, as shares sank -23.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -67.92% lower at present.
During the last 5 trading sessions, AMV fell by -42.47%, in comparison to the 20-day moving average, which settled at $4.30. In addition, Atlis Motor Vehicles Inc. saw 4.62% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AMV
The liquidity ratio also appears to be rather interesting for investors as it stands at 4.85.