Phoenix Motor Inc (NASDAQ:PEV) currently has a daily average trading volume of 1.54M but it saw 776378 shares traded in last market. With a market cap of 9.83M USD, the company’s current market price of $0.26 came falling about -4.57 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.44 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.26 while lowest mark touched by it was $0.2764.
Taking a look at 20-day trading activity of Phoenix Motor Inc (PEV) gives us an average price of $0.2947, while its current price level is -81.88% below from 52-week high level whereas it is 3.78% 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 $0.3192 while that of 200 days or SMA-200 reads an average of $0.4921. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.12% during that period while stretching the period over a month that increases to 13.83%. 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 40.02 which implies that the stock is in neutral territory.
Over the week, PEV’s stock price is moving -7.12% down while it is -8.42% when we observe its performance for the past one month. Year-to-date it is -13.00% down and over the past year, the stock is showing a downside performance of -80.70%.
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 with 65.83% of that held by the insiders while 0.85% of its common stock has been owned by the institutions. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 0.42.
