Beam Global (BEEM) Shares Decline Despite Market Challenges

VLD Stock

Beam Global (NASDAQ: BEEM)’s stock price has gone decline by -10.39 in comparison to its previous close of 3.56, however, the company has experienced a 0.63% increase in its stock price over the last five trading days. globenewswire.com reported 2025-01-08 that SAN DIEGO, Jan. 08, 2025 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced today that Desmond Wheatley, Chief Executive Officer, will participate in the 27th Annual Needham Growth Conference in New York City and the Sequire Investment Summit in Puerto Rico.

Is It Worth Investing in Beam Global (NASDAQ: BEEM) Right Now?

Additionally, the 36-month beta value for BEEM is 1.56. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

The public float for BEEM is 13.75M and currently, short sellers hold a 7.71% ratio of that float. The average trading volume of BEEM on January 10, 2025 was 217.22K shares.

BEEM’s Market Performance

BEEM’s stock has seen a 0.63% increase for the week, with a 9.62% rise in the past month and a -30.95% fall in the past quarter. The volatility ratio for the week is 11.36%, and the volatility levels for the past 30 days are at 11.26% for Beam Global The simple moving average for the past 20 days is 1.79% for BEEM’s stock, with a -38.24% simple moving average for the past 200 days.

Analysts’ Opinion of BEEM

Northland Capital, on the other hand, stated in their research note that they expect to see BEEM reach a price target of $25. The rating they have provided for BEEM stocks is “Outperform” according to the report published on February 13th, 2023.

H.C. Wainwright gave a rating of “Buy” to BEEM, setting the target price at $30 in the report published on November 14th of the previous year.

BEEM Trading at -15.96% from the 50-Day Moving Average

After a stumble in the market that brought BEEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.37% of loss for the given period.

Volatility was left at 11.26%, however, over the last 30 days, the volatility rate increased by 11.36%, as shares surge +5.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.26% lower at present.

During the last 5 trading sessions, BEEM rose by +0.63%, which changed the moving average for the period of 200-days by -52.17% in comparison to the 20-day moving average, which settled at $3.13. In addition, Beam Global saw 0.63% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BEEM starting from DESMOND WHEATLEY, who proposed sale 310 shares at the price of $4.75 back on Oct 08 ’24. After this action, DESMOND WHEATLEY now owns shares of Beam Global, valued at $1,471 using the latest closing price.

DESMOND WHEATLEY, the Director of Beam Global, proposed sale 310 shares at $4.91 during a trade that took place back on Oct 01 ’24, which means that DESMOND WHEATLEY is holding shares at $1,522 based on the most recent closing price.

Stock Fundamentals for BEEM

Current profitability levels for the company are sitting at:

  • -0.18 for the present operating margin
  • 0.09 for the gross margin

The net margin for Beam Global stands at -0.19. The total capital return value is set at -0.21. Equity return is now at value -24.26, with -18.03 for asset returns.

Based on Beam Global (BEEM), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -9.35. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -327.12.

Currently, EBITDA for the company is -14.17 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.

Conclusion

In conclusion, Beam Global (BEEM) has seen mixed 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.

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