The price-to-earnings ratio for The Lion Electric Company (NYSE: LEV) is above average at 22.50x.
The public float for LEV is 114.40M, and at present, short sellers hold a 9.75% of that float. The average trading volume of LEV on May 24, 2023 was 863.71K shares.
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LEV) stock’s latest price update
The Lion Electric Company (NYSE: LEV) has experienced a decline in its stock price by -4.35 compared to its previous closing price of 2.07. However, the company has seen a fall of -3.41% in its stock price over the last five trading days.
LEV’s Market Performance
The Lion Electric Company (LEV) has experienced a -3.41% fall in stock performance for the past week, with a -7.48% drop in the past month, and a -15.74% drop in the past quarter. The volatility ratio for the week is 4.33%, and the volatility levels for the past 30 days are at 5.06% for LEV. The simple moving average for the past 20 days is -8.14% for LEV’s stock, with a -27.20% simple moving average for the past 200 days.
LEV Trading at -1.53% from the 50-Day Moving Average
After a stumble in the market that brought LEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.94% of loss for the given period.
Volatility was left at 5.06%, however, over the last 30 days, the volatility rate increased by 4.33%, as shares sank -5.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.17% lower at present.
During the last 5 trading sessions, LEV fell by -3.41%, which changed the moving average for the period of 200-days by -63.20% in comparison to the 20-day moving average, which settled at $2.15. In addition, The Lion Electric Company saw -11.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LEV
Equity return is now at value 4.40, with 2.90 for asset returns.
In summary, The Lion Electric Company (LEV) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.