Microvast Holdings Inc [MVST] stock prices are up 2.42% to $3.38 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MVST shares have gain 53.64% over the last week, with a monthly amount glided 104.85%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Microvast Holdings Inc [MVST] has been fluctuating between $0.15 and $3.46 over the past year. Currently, Wall Street analysts expect the stock to reach $1.59 within the next 12 months. Microvast Holdings Inc [NASDAQ: MVST] shares were valued at $3.38 at the most recent close of the market. An investor can expect a potential drop of -52.96% based on the average MVST price forecast.
Analyzing the MVST fundamentals
The Microvast Holdings Inc [NASDAQ:MVST] reported sales of 414.94M for trailing twelve months, representing a surge of 43.20%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.24 and Total Capital is -0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
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 3.19 points at the first support level, and at 2.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.51, and for the 2nd resistance point, it is at 3.63.
Ratios To Look Out For
It’s worth pointing out that Microvast Holdings Inc [NASDAQ:MVST]’s Current Ratio is 1.32. On the other hand, the Quick Ratio is 0.94, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 2.65, the price to book ratio is 2.41.
Transactions by insiders
Recent insider trading involved Balladon Yeelong, Director, that happened on Feb 04 ’25 when 45790.0 shares were purchased. Former Director, Zheng Yanzhuan completed a deal on Nov 27 ’24 to buy 0.52 million shares. Meanwhile, former director Zheng Yanzhuan bought 0.67 million shares on Nov 26 ’24.
