GreenPower Motor (CVE:GPV) Stock Price Up 38.1% – Time to Buy?

GreenPower Motor Company Inc. (CVE:GPV) was up 38.1% on Friday . The company traded as high as C$1.56 and last traded at C$1.56. Approximately 200,945 shares changed hands during mid-day trading, an increase of 358% from the average daily volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Stock Performance

The company has a debt-to-equity ratio of 204.48, a quick ratio of 0.25 and a current ratio of 1.61. The company has a market capitalization of C$41.32 million, a price-to-earnings ratio of -1.38 and a beta of 4.07. The firm has a 50-day simple moving average of C$1.20 and a two-hundred day simple moving average of C$1.43.

GreenPower Motor Company Profile

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.