Phoenix Motor Inc. (NASDAQ:PEV – Get Free Report) dropped 2.2% on Thursday . The company traded as low as $0.44 and last traded at $0.45. Approximately 64,065 shares traded hands during trading, a decline of 30% from the average daily volume of 91,631 shares. The stock had previously closed at $0.46.
Phoenix Motor Stock Performance
The company has a market cap of $15.36 million, a price-to-earnings ratio of -0.45 and a beta of 1.61. The company’s 50 day moving average price is $0.45 and its 200 day moving average price is $0.64.
Phoenix Motor Company Profile
Phoenix Motor Inc designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans.
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