The stock has a 36-month beta value of 1.26.
The public float for PEV is 19.59M, and at present, short sellers hold a 4.29% of that float. On January 23, 2025, the average trading volume of PEV was 1.55M shares.
PEV) stock’s latest price update
The stock of Phoenix Motor Inc (NASDAQ: PEV) has decreased by -3.87 when compared to last closing price of 0.26. Despite this, the company has experienced a -11.00% fall in its stock price over the last five trading sessions. accessnewswire.com reported 2025-01-23 that ANAHEIM, CA / ACCESS Newswire / January 23, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Tony Zhou as its new Chief Technology Officer (CTO), effective January 20, 2025. Zhou brings more than two decades of expertise in autonomous driving and artificial intelligence (AI) to Phoenix Motor.
PEV’s Market Performance
PEV’s stock has fallen by -11.00% in the past week, with a monthly drop of -8.86% and a quarterly drop of -60.12%. The volatility ratio for the week is 9.12% while the volatility levels for the last 30 days are 13.83% for Phoenix Motor Inc The simple moving average for the past 20 days is -14.36% for PEV’s stock, with a -48.73% simple moving average for the past 200 days.
PEV Trading at -20.53% 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 -82.58% of loss for the given period.
Volatility was left at 13.83%, however, over the last 30 days, the volatility rate increased by 9.12%, as shares sank -14.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.75% lower at present.
During the last 5 trading sessions, PEV fell by -13.69%, which changed the moving average for the period of 200-days by -68.81% in comparison to the 20-day moving average, which settled at $0.2926. In addition, Phoenix Motor Inc saw -16.37% 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.
Based on Phoenix Motor Inc (PEV), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at -0.36. The debt to equity ratio resting at 0.45. 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 0.82. 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
To sum up, Phoenix Motor Inc (PEV) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
