Lion Electric (TSE:LEV) Trading Down 20% – Here’s What Happened

The Lion Electric Company (TSE:LEVGet Free Report)’s share price was down 20% during mid-day trading on Monday . The stock traded as low as C$0.34 and last traded at C$0.38. 1,470,054 shares were traded during mid-day trading, an increase of 212% from the average session volume of 470,841 shares. The stock had previously closed at C$0.48.

Lion Electric Price Performance

The stock has a market capitalization of C$78.05 million, a price-to-earnings ratio of -0.49 and a beta of 2.59. The company has a current ratio of 2.49, a quick ratio of 1.33 and a debt-to-equity ratio of 118.61. The stock has a 50-day simple moving average of C$0.62 and a 200 day simple moving average of C$0.95.

About Lion Electric

(Get Free Report)

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories.

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