At the time of writing, Electrovaya, Inc [ELVA] stock is trading at $6.64, up 1.53%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ELVA shares have gain 7.44% over the last week, with a monthly amount glided 11.22%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Electrovaya, Inc [NASDAQ: ELVA] stock has seen the most recent analyst activity on January 23, 2025, when Raymond James initiated its Strong Buy rating and assigned the stock a price target of $4.50. Previously, ROTH MKM started tracking the stock with Buy rating on March 06, 2024, and set its price target to $8.
For the past year, the stock price of Electrovaya, Inc fluctuated between $1.73 and $7.49. Currently, Wall Street analysts expect the stock to reach $1.1 within the next 12 months. Electrovaya, Inc [NASDAQ: ELVA] shares were valued at $6.64 at the most recent close of the market. An investor can expect a potential drop of -83.43% based on the average ELVA price forecast.
Analyzing the ELVA fundamentals
According to Electrovaya, Inc [NASDAQ:ELVA], the company’s sales were 54.88M for trailing twelve months, which represents an 66.76% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Electrovaya, Inc [NASDAQ:ELVA] has a current ratio of 4.03. As well, the Quick Ratio is 2.88, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 4.85, the price to book ratio is 11.92 and price to earnings (TTM) ratio is 237.99.
