At the time of writing, GreenPower Motor Company Inc [GP] stock is trading at $1.47, up 9.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GP shares have gain 14.84% over the last week, with a monthly amount glided 0.68%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
GreenPower Motor Company Inc [NASDAQ: GP] stock has seen the most recent analyst activity on February 15, 2022, when ROTH Capital upgraded its rating to a Buy but kept the price target unchanged to $13 for it. Previously, ROTH Capital downgraded its rating to Neutral on November 15, 2021, and dropped its price target to $13. On November 02, 2020, Maxim Group initiated with a Buy rating and assigned a price target of $22 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $25 on September 29, 2020.
For the past year, the stock price of GreenPower Motor Company Inc fluctuated between $0.70 and $3.46. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. GreenPower Motor Company Inc [NASDAQ: GP] shares were valued at $1.47 at the most recent close of the market. An investor can expect a potential return of 308.16% based on the average GP price forecast.
Analyzing the GP fundamentals
According to GreenPower Motor Company Inc [NASDAQ:GP], the company’s sales were 24.69M for trailing twelve months, which represents an -82.95% plunge. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.77%, Pretax Profit Margin comes in at -0.84%, and Net Profit Margin reading is -0.84%. To continue investigating profitability, this company’s Return on Assets is posted at -0.48, Equity is -1.39 and Total Capital is -0.93. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2700 points at the first support level, and at 1.0700 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7600, and for the 2nd resistance point, it is at 2.0500.
Ratios To Look Out For
It is important to note that GreenPower Motor Company Inc [NASDAQ:GP] has a current ratio of 1.61. As well, the Quick Ratio is 0.13, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 1.58, the price to book ratio is 4.53.