Vicinity Motor (NASDAQ:VEV) Earns “Sell” Rating from Alliance Global Partners

Alliance Global Partners restated their sell rating on shares of Vicinity Motor (NASDAQ:VEV) in a report issued on Friday morning, Benzinga reports.

Vicinity Motor Price Performance

NASDAQ VEV opened at $0.05 on Friday. The firm has a market cap of $2.37 million, a PE ratio of -0.13 and a beta of 0.44. Vicinity Motor has a 52 week low of $0.04 and a 52 week high of $0.96. The business’s fifty day simple moving average is $0.13 and its 200-day simple moving average is $0.44.

About Vicinity Motor

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc and changed its name to Vicinity Motor Corp.