Phoenix Motor Inc. (NASDAQ:PEV – Get Free Report) traded up 3.3% during trading on Friday . The company traded as high as $0.30 and last traded at $0.28. 306,429 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 1,522,752 shares. The stock had previously closed at $0.28.
Phoenix Motor Trading Up 3.3 %
The company has a quick ratio of 0.64, a current ratio of 3.07 and a debt-to-equity ratio of 0.01. The company has a market cap of $10.70 million, a price-to-earnings ratio of -0.92 and a beta of 1.27. The firm has a 50 day moving average price of $0.41 and a two-hundred day moving average price of $0.48.
Phoenix Motor (NASDAQ:PEV – Get Free Report) last released its earnings results on Thursday, October 31st. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $12.03 million for 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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