SRIVARU Holding Ltd. (NASDAQ: SVMH) has a price-to-earnings ratio of 31.43x that is above its average ratio. Additionally, the 36-month beta value for SVMH is -0.80.
The public float for SVMH is 32.37M and currently, short sellers hold a 0.58% ratio of that float. The average trading volume of SVMH on September 04, 2024 was 11.17M shares.
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SVMH) stock’s latest price update
The stock price of SRIVARU Holding Ltd. (NASDAQ: SVMH) has dropped by -1.87 compared to previous close of 0.11. Despite this, the company has seen a fall of -18.03% in its stock price over the last five trading days. globenewswire.com reported 2024-08-22 that Aims to increase production capacity to nearly 10,000 units per month by end of 2024 Plans to set up pan India sales network across key areas of India GRAND CAYMAN, Cayman Islands and COIMBATORE, India, Aug. 22, 2024 (GLOBE NEWSWIRE) — SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced the formal launch of the PRANA 2.0 electric motorcycle at a major event in Chennai, India. Recently, there has been a remarkable surge in the interest of young individuals towards acquiring electric motorcycles in India.
SVMH’s Market Performance
SVMH’s stock has fallen by -18.03% in the past week, with a monthly rise of 13.17% and a quarterly drop of -36.49%. The volatility ratio for the week is 12.54% while the volatility levels for the last 30 days are 22.12% for SRIVARU Holding Ltd. The simple moving average for the past 20 days is -3.20% for SVMH’s stock, with a -60.33% simple moving average for the past 200 days.
SVMH Trading at -28.43% from the 50-Day Moving Average
After a stumble in the market that brought SVMH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.63% of loss for the given period.
Volatility was left at 22.12%, however, over the last 30 days, the volatility rate increased by 12.54%, as shares sank -1.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -62.25% lower at present.
During the last 5 trading sessions, SVMH fell by -22.35%, in comparison to the 20-day moving average, which settled at $0.1136. In addition, SRIVARU Holding Ltd. saw -69.25% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SVMH
Current profitability levels for the company are sitting at:
- -1941.14 for the present operating margin
- -24.72 for the gross margin
The net margin for SRIVARU Holding Ltd. stands at -1465.02. The total capital return value is set at -26.7. Equity return is now at value 0.81, with 0.48 for asset returns.
Based on SRIVARU Holding Ltd. (SVMH), the company’s capital structure generated 1.17 points at debt to capital in total, while cash flow to debt ratio is standing at -8.86.
Currently, EBITDA for the company is -11.36 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 782.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In conclusion, SRIVARU Holding Ltd. (SVMH) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
