GreenPower Motor Company Inc. (NASDAQ:GP – Free Report) shares are scheduled to reverse split before the market opens on Monday, October 19th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, October 18th.
GreenPower Motor Stock Performance
Shares of GreenPower Motor stock traded up $0.08 during trading hours on Thursday, hitting $0.35. 91,021,771 shares of the company were exchanged, compared to its average volume of 1,202,161. The company has a current ratio of 1.49, a quick ratio of 0.11 and a debt-to-equity ratio of 2.80. The business has a 50-day moving average of $0.97 and a 200-day moving average of $1.13. GreenPower Motor has a 1 year low of $0.19 and a 1 year high of $3.30. The stock has a market capitalization of $732,198.50, a price-to-earnings ratio of -0.51 and a beta of 1.85.
GreenPower Motor (NASDAQ:GP – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.42) earnings per share for the quarter. The company had revenue of $0.44 million during the quarter.
Analysts Set New Price Targets
Several analysts have recently commented on GP shares. Wall Street Zen upgraded shares of GreenPower Motor to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of GreenPower Motor in a research note on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.
Check Out Our Latest Analysis on GP
GreenPower Motor Company Profile
GreenPower Motor Company Inc designs, manufactures and distributes all-electric commercial vehicles. Its product portfolio includes transit buses, school buses, shuttle buses, cargo vans and other purpose-built vehicles intended for passenger transportation, delivery, municipal and industrial applications.
The company’s vehicle lineup includes models such as the EVstar and EVstar Cargo vans, the EV350 and EV250 transit buses, and the BEAST and Nano BEAST electric school buses. GreenPower’s vehicles are designed to support zero-emission transportation and are offered in configurations intended for a range of operating environments and passenger capacities.
Founded in 2010, GreenPower is headquartered in Vancouver, British Columbia, and serves customers primarily in North America.
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