Phoenix Motor Inc. (NASDAQ:PEV – Get Free Report)’s stock price was down 4.1% on Monday . The company traded as low as $0.25 and last traded at $0.28. 1,464,917 shares traded hands during trading, a decline of 55% from the average session volume of 3,264,102 shares. The stock had previously closed at $0.29.
Phoenix Motor Stock Performance
The stock has a market cap of $10.61 million, a price-to-earnings ratio of -0.91 and a beta of 1.30. The company’s 50-day simple moving average is $0.32 and its 200-day simple moving average is $0.43. The company has a quick ratio of 0.64, a current ratio of 3.07 and a debt-to-equity ratio of 0.01.
Phoenix Motor (NASDAQ:PEV – Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $12.03 million during the quarter.
About Phoenix Motor
Phoenix Motor Inc designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans.
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