Envirotech Vehicles (NASDAQ:EVTV) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Envirotech Vehicles (NASDAQ:EVTV) to a sell rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Envirotech Vehicles in a report on Wednesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Envirotech Vehicles Trading Down 10.4%

Shares of EVTV opened at $1.46 on Friday. The stock has a 50 day moving average of $2.07 and a 200 day moving average of $2.11. The company has a market capitalization of $5.15 million, a price-to-earnings ratio of -0.14 and a beta of 2.94. Envirotech Vehicles has a 12 month low of $1.42 and a 12 month high of $21.30.

Envirotech Vehicles (NASDAQ:EVTV) last issued its quarterly earnings results on Monday, August 18th. The company reported ($2.01) EPS for the quarter. The firm had revenue of $1.05 million during the quarter.

Envirotech Vehicles Company Profile

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks.