Phoenix Motor Inc (NASDAQ:PEV) currently has a daily average trading volume of 1.50M but it saw 3316130 shares traded in last market. With a market cap of 11.49M USD, the company’s current market price of $0.31 came falling about -19.68 while comparing to the previous closing price of $0.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.60 and as low as $0.27. In the recent trading on the day, stock has struck highest price mark of $0.3 while lowest mark touched by it was $0.37.
Taking a look at 20-day trading activity of Phoenix Motor Inc (PEV) gives us an average price of $0.3077, while its current price level is -80.92% below from 52-week high level whereas it is 12.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3491 while that of 200 days or SMA-200 reads an average of $0.5130. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.98% during that period while stretching the period over a month that decreases to 13.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.34 which implies that the stock is in neutral territory.
Over the week, PEV’s stock price is moving 1.73% up while it is -4.18% when we observe its performance for the past one month. Year-to-date it is 1.73% up and over the past year, the stock is showing a downside performance of -79.65%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Phoenix Motor Inc’s total number of outstanding shares is 35.40M. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 0.49.
