Over the past three months, Beam Global [BEEM] ended the trading day at $34.06 and exhibited a change of 3.96% with a 24 hour trading and reached upto the volume of 485.64K compared to its recorded trading volume of 0.41 million. BEEM generated a 1 year amount change with 674.47%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -4.35% with an amount shift of 68.09% over the last month.
On 3, December 2020, Beam Global Announces Patent Issuance for UAV ARC™ Unmanned Aerial Vehicle Autonomous Renewable Charger. According to news published on Yahoo Finance, Rapidly Deployed Drone Recharging Network Requires No Construction or Grid Connection.
In the past 52 weeks of trading, this stock has oscillated between a low of $3.90 and a peak of $37.50. Right now, according to Wall Street analyst the average 12-month amount target is $33.33. At the most recent market close, shares of Beam Global [NASDAQ:BEEM] were valued at $34.06. According to the average price forecast, investors can expect a potential return of -11.1%.
Beam Global [NASDAQ:BEEM] most recently reported quarterly sales of 1.24 billion, which represented growth of -33.30%. This publicly-traded organization’s revenue is $146,044 per employee, while its income is -$112,398 per employee. This company’s Gross Margin is currently -15.00%, its Operating Margin is -94.80%, its Pretax Margin is -76.90, and its Net Margin is -76.96. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -73.02, -235.32, -92.60 and -216.74 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 8.96 and the whole liability to whole assets at 7.86.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 30.23 points at 1st support level, the second support level is making up to 27.69. But as of 1st resistance point, this stock is sitting at 34.29 and at 35.81 for 2nd resistance point.
Beam Global [BEEM] reported its earnings at -$0.17 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.15/share signifying the difference of -0.02 and -13.30% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.16 calling estimates for -$0.14/share with the difference of -0.02 depicting the surprise of -14.30%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Beam Global [NASDAQ:BEEM] is 8.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.63. Now if looking for a valuation of this stock’s amount to sales ratio it’s 4.07 and it’s amount to book ratio is 4.17.
The most recent insider trade was by DAVIDSON PETER WARNER, Director, and it was the sale of 5000.0 shares on Nov 20. DAVIDSON PETER WARNER, the Director, completed a sale of 15000.0 shares on Nov 17.