Phoenix Motor Inc. (NASDAQ:PEV – Get Free Report) shares rose 3.3% on Friday . The company traded as high as $0.30 and last traded at $0.28. Approximately 306,429 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 1,522,752 shares. The stock had previously closed at $0.28.
Phoenix Motor Stock Up 3.3 %
The firm’s fifty day moving average is $0.41 and its 200-day moving average is $0.48. The company has a market capitalization of $10.70 million, a P/E ratio of -0.92 and a beta of 1.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.64 and a current ratio of 3.07.
Phoenix Motor (NASDAQ:PEV – Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $12.03 million for the quarter.
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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