Phoenix Motor Inc (NASDAQ:PEV) does about 7.75M shares in volume on a normal day but saw 3088691 shares change hands in the recent trading day. The company now has a market cap of 30.91M USD. Its current market price is $0.67, marking an increase of 0.36% compared to the previous close of $0.67. The 52 week high reached by this stock is $1.39 whilst the lowest price level in 52 weeks is $0.20.
Phoenix Motor Inc (PEV) has a 20-day trading average at $0.3893 and the current price is -51.63% off the 52-week high compared with 236.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3242 and its 200-day simple moving average is $0.4414. If we look at the stock’s price movements over the week, volatility stands at 24.49%, which decreases to 21.47% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 80.60 to suggest the stock is overbought.
The current price level is 72.67%, 107.37%, and 52.30% away from its SMA20, SMA50, and SMA200 respectively, with the PEV price moving below the 50-day SMA on current market day. Phoenix Motor Inc (PEV) stock is up 68.16% over the week and 35.00% over the past month. Its price is 124.10% year-to-date and -24.01% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 37.17M with insiders holding 53.90% of the shares and institutional holders owning 1.23% of the company’s common stock. The beta has a value of -0.26. Price to book ratio is 1.68.
