At the time of writing, Microvast Holdings Inc [MVST] stock is trading at $0.72, down -7.68%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MVST shares have gain 302.92% over the last week, with a monthly amount glided 236.33%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Microvast Holdings Inc [NASDAQ: MVST] stock has seen the most recent analyst activity on April 02, 2024, when Janney downgraded its rating to a Neutral. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on November 29, 2023, and set its price target to $8. On August 31, 2023, Janney initiated with a Buy rating and assigned a price target of $8 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $8 on April 03, 2023. Oppenheimer initiated its recommendation with a Outperform and recommended $8 as its price target on August 19, 2022. Piper Sandler started tracking with a Neutral rating for this stock on December 17, 2021, and assigned it a price target of $8.
For the past year, the stock price of Microvast Holdings Inc fluctuated between $0.15 and $1.55. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Microvast Holdings Inc [NASDAQ: MVST] shares were valued at $0.72 at the most recent close of the market. An investor can expect a potential return of 1011.11% based on the average MVST price forecast.
Analyzing the MVST fundamentals
According to Microvast Holdings Inc [NASDAQ:MVST], the company’s sales were 370.99M for trailing twelve months, which represents an 26.55% jump. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.22 and Total Capital is -0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.
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 0.6463 points at the first support level, and at 0.5743 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7752, and for the 2nd resistance point, it is at 0.8321.
Ratios To Look Out For
It is important to note that Microvast Holdings Inc [NASDAQ:MVST] has a current ratio of 1.30. As well, the Quick Ratio is 0.83, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 0.45.
Transactions by insiders
Recent insider trading involved Stephen A. Vogel, Former Board Member, that happened on Sep 26 ’24 when 0.24 million shares were purchased. Former Board Member, Stephen A. Vogel completed a deal on Sep 06 ’24 to buy 2.8 million shares.
