In the past week, LEV stock has gone down by -27.70%, with a monthly decline of -32.80% and a quarterly plunge of -22.34%. The volatility ratio for the week is 5.79%, and the volatility levels for the last 30 days are 5.79% for Lion Electric Co The simple moving average for the past 20 days is -29.93% for LEV’s stock, with a -56.56% simple moving average for the past 200 days.
Is It Worth Investing in Lion Electric Co (NYSE: LEV) Right Now?
LEV has 36-month beta value of 2.13. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for LEV is 120.00M, and currently, short sellers hold a 3.10% ratio of that float. The average trading volume of LEV on November 07, 2024 was 226.53K shares.
LEV) stock’s latest price update
Lion Electric Co (NYSE: LEV)’s stock price has decreased by -22.62 compared to its previous closing price of 0.57. However, the company has seen a -27.70% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-06 that The Lion Electric Company (LEV) Q3 2024 Earnings Call Transcript
Analysts’ Opinion of LEV
Many brokerage firms have already submitted their reports for LEV stocks, with DA Davidson repeating the rating for LEV by listing it as a “Neutral.” The predicted price for LEV in the upcoming period, according to DA Davidson is $1 based on the research report published on August 12, 2024 of the current year 2024.
National Bank Financial, on the other hand, stated in their research note that they expect to see LEV reach a price target of $2.75. The rating they have provided for LEV stocks is “Sector Perform” according to the report published on August 04th, 2023.
R. F. Lafferty gave a rating of “Buy” to LEV, setting the target price at $7 in the report published on March 27th of the previous year.
LEV Trading at -35.18% 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 -77.83% of loss for the given period.
Volatility was left at 5.79%, however, over the last 30 days, the volatility rate increased by 5.79%, as shares sank -30.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.73% lower at present.
During the last 5 trading sessions, LEV fell by -26.26%, which changed the moving average for the period of 200-days by -74.29% in comparison to the 20-day moving average, which settled at $0.6299. In addition, Lion Electric Co saw -75.08% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LEV
Current profitability levels for the company are sitting at:
- -0.42 for the present operating margin
- -0.14 for the gross margin
The net margin for Lion Electric Co stands at -0.52. The total capital return value is set at -0.14. Equity return is now at value -31.53, with -14.92 for asset returns.
Based on Lion Electric Co (LEV), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at -0.42. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is -2.56.
Currently, EBITDA for the company is -50.58 million with net debt to EBITDA at -5.95. When we switch over and look at the enterprise to sales, we see a ratio of 2.06. The receivables turnover for the company is 3.87for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.49.
Conclusion
To put it simply, Lion Electric Co (LEV) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
