Twin Vee Powercats (NASDAQ:VEEE) Raised to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Twin Vee Powercats (NASDAQ:VEEE) to a sell rating in a report released on Saturday morning.

Twin Vee Powercats Stock Performance

Shares of VEEE stock opened at $2.17 on Friday. The stock has a market cap of $3.23 million, a PE ratio of -2.07 and a beta of 0.98. The business has a 50-day simple moving average of $2.66 and a 200-day simple moving average of $3.56. The company has a quick ratio of 3.13, a current ratio of 4.00 and a debt-to-equity ratio of 0.11. Twin Vee Powercats has a 52-week low of $2.05 and a 52-week high of $9.30.

Twin Vee Powercats (NASDAQ:VEEE) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.71) earnings per share (EPS) for the quarter. The company had revenue of $3.61 million during the quarter. Twin Vee Powercats had a negative net margin of 54.41% and a negative return on equity of 28.19%.

About Twin Vee Powercats

Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.