The stock of Phoenix Motor Inc (PEV) has gone up by 8.08% for the week, with a -5.28% drop in the past month and a -9.58% drop in the past quarter. The volatility ratio for the week is 13.62%, and the volatility levels for the past 30 days are 10.88% for PEV. The simple moving average for the past 20 days is 3.94% for PEV’s stock, with a -38.97% simple moving average for the past 200 days.
Is It Worth Investing in Phoenix Motor Inc (NASDAQ: PEV) Right Now?
Additionally, the 36-month beta value for PEV is 1.28.
The public float for PEV is 19.59M and currently, short sellers hold a 2.82% ratio of that float. The average trading volume of PEV on December 31, 2024 was 5.73M shares.
PEV) stock’s latest price update
Phoenix Motor Inc (NASDAQ: PEV)’s stock price has soared by 3.52 in relation to previous closing price of 0.31. Nevertheless, the company has seen a gain of 8.08% in its stock price over the last five trading days. accesswire.com reported 2024-12-12 that ANAHEIM, CA / ACCESSWIRE / December 12, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on January 21, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor’s CEO, Denton Peng.
PEV Trading at -14.08% from the 50-Day Moving Average
After a stumble in the market that brought PEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.94% of loss for the given period.
Volatility was left at 10.88%, however, over the last 30 days, the volatility rate increased by 13.62%, as shares surge +1.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.16% lower at present.
During the last 5 trading sessions, PEV rose by +7.61%, which changed the moving average for the period of 200-days by -60.54% in comparison to the 20-day moving average, which settled at $0.3088. In addition, Phoenix Motor Inc saw -69.29% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PEV
Current profitability levels for the company are sitting at:
- -1.24 for the present operating margin
- 0.18 for the gross margin
The net margin for Phoenix Motor Inc stands at -0.62. The total capital return value is set at -0.56. Equity return is now at value -122.02, with -72.80 for asset returns.
Based on Phoenix Motor Inc (PEV), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -0.89. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is -6.83.
Currently, EBITDA for the company is -18.01 million with net debt to EBITDA at -0.33. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 4.69for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.07.
Conclusion
In conclusion, Phoenix Motor Inc (PEV) 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.
