At the time of writing, Volcon Inc [VLCN] stock is trading at $0.99, up 6.37%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VLCN shares have lost -0.39% over the last week, with a monthly amount drifted -70.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Volcon Inc fluctuated between $0.86 and $1904.00. Volcon Inc [NASDAQ: VLCN] shares were valued at $0.99 at the most recent close of the market.
Analyzing the VLCN fundamentals
According to Volcon Inc [NASDAQ:VLCN], the company’s sales were 4.13M for trailing twelve months, which represents an 120.72% jump. Gross Profit Margin for this corporation currently stands at -4.16% with Operating Profit Margin at -7.69%, Pretax Profit Margin comes in at -10.57%, and Net Profit Margin reading is -10.57%. To continue investigating profitability, this company’s Return on Assets is posted at -4.37, Equity is 60.53 and Total Capital is -5.46. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
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 0.8193 points at the first support level, and at 0.6485 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2654, and for the 2nd resistance point, it is at 1.5407.
Ratios To Look Out For
It is important to note that Volcon Inc [NASDAQ:VLCN] has a current ratio of 2.07. Further, the Quick Ratio stands at 1.61, while the Cash Ratio is 1.39. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 0.13.
Transactions by insiders
Recent insider trading involved SABBY MANAGEMENT, LLC, 10% Owner, that happened on Aug 30 ’24 when 10000.0 shares were purchased. 10% Owner, SABBY MANAGEMENT, LLC completed a deal on Aug 28 ’24 to buy 21998.0 shares. Meanwhile, 10% Owner SABBY MANAGEMENT, LLC bought 3064.0 shares on Aug 29 ’24.
