The stock of Twin Vee PowerCats Co (VEEE) has gone down by -25.56% for the week, with a -38.39% drop in the past month and a -33.87% drop in the past quarter. The volatility ratio for the week is 20.95%, and the volatility levels for the past 30 days are 17.02% for VEEE. The simple moving average for the past 20 days is -32.52% for VEEE’s stock, with a -53.91% simple moving average for the past 200 days.
Is It Worth Investing in Twin Vee PowerCats Co (NASDAQ: VEEE) Right Now?
Additionally, the 36-month beta value for VEEE is 1.24. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for VEEE is 6.03M and currently, short sellers hold a 2.10% ratio of that float. The average trading volume of VEEE on October 23, 2024 was 72.25K shares.
VEEE) stock’s latest price update
The stock of Twin Vee PowerCats Co (NASDAQ: VEEE) has decreased by -21.23 when compared to last closing price of 0.47.Despite this, the company has seen a loss of -25.56% in its stock price over the last five trading days. accesswire.com reported 2024-10-16 that FORT PIERCE, FL / ACCESSWIRE / October 16, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),(“Twin Vee” or the “Company”), a manufacturer, distributor, and marketer of power sport boats, announced that renowned marine publication Power & Motoryacht positively reviewed the newly launched 28AS center console from its wholly-owned subsidiary, Aquasport, last week. Aquasport’s 28AS is an entirely new design, the first in three decades.
VEEE Trading at -25.79% from the 50-Day Moving Average
After a stumble in the market that brought VEEE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.27% of loss for the given period.
Volatility was left at 17.02%, however, over the last 30 days, the volatility rate increased by 20.95%, as shares sank -33.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.95% lower at present.
During the last 5 trading sessions, VEEE fell by -25.56%, which changed the moving average for the period of 200-days by -73.60% in comparison to the 20-day moving average, which settled at $0.5439. In addition, Twin Vee PowerCats Co saw -74.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VEEE starting from Zimmer Karl J, who purchase 35,138 shares at the price of $0.45 back on Sep 12 ’24. After this action, Zimmer Karl J now owns 85,138 shares of Twin Vee PowerCats Co, valued at $15,773 using the latest closing price.
Dickerson Michael Patrick, the Chief Financial Officer of Twin Vee PowerCats Co, purchase 50,000 shares at $0.49 during a trade that took place back on Sep 12 ’24, which means that Dickerson Michael Patrick is holding 50,000 shares at $24,500 based on the most recent closing price.
Stock Fundamentals for VEEE
Current profitability levels for the company are sitting at:
- -0.46 for the present operating margin
- 0.13 for the gross margin
The net margin for Twin Vee PowerCats Co stands at -0.38. The total capital return value is set at -0.41. Equity return is now at value -39.76, with -23.50 for asset returns.
Based on Twin Vee PowerCats Co (VEEE), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -4.92. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -52.73.
Currently, EBITDA for the company is -10.63 million with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of -0.26. The receivables turnover for the company is 225.62for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.29.
Conclusion
In conclusion, Twin Vee PowerCats Co (VEEE) has seen bad performance in recent times. Analysts have a bullish 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.
