Short Interest in GreenPower Motor Company Inc. (NASDAQ:GP) Drops By 57.9%

GreenPower Motor Company Inc. (NASDAQ:GP – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 72,914 shares, a decrease of 57.9% from the August 15th total of 173,392 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily volume of 409,331 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of GreenPower Motor in a research note on Friday, July 17th. Wall Street Zen raised GreenPower Motor to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, GreenPower Motor currently has a consensus rating of “Reduce”.

Get GreenPower Motor alerts:

View Our Latest Stock Report on GreenPower Motor

GreenPower Motor Price Performance

GP traded up $0.02 during trading on Tuesday, reaching $0.77. 102,566 shares of the company traded hands, compared to its average volume of 285,459. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.11 and a current ratio of 1.49. GreenPower Motor has a 12-month low of $0.74 and a 12-month high of $4.00. The firm has a fifty day simple moving average of $1.37 and a 200 day simple moving average of $1.21. The company has a market cap of $5.48 million, a P/E ratio of -1.13 and a beta of 1.70.

GreenPower Motor (NASDAQ:GP – Get Free Report) last released its earnings results on Friday, August 14th. The company reported ($0.42) EPS for the quarter. The firm had revenue of $0.44 million for the quarter.

About GreenPower Motor

(Get Free Report)

GreenPower Motor Company Inc (NASDAQ: GP) is a designer, manufacturer and distributor of zero-emission electric vehicles, with a focus on heavy-duty transit buses, school buses, shuttles and medium-duty trucks. The company develops its vehicles on proprietary electric platforms, integrating battery and drivetrain technology to deliver fully battery-powered solutions for public transit agencies, school districts and commercial fleet operators.

GreenPower’s product lineup includes full-sized electric transit buses available in various lengths and configurations, purpose-built electric school buses designed to meet safety standards and reduce operating costs, and medium-duty electric delivery vehicles tailored for last-mile logistics.

Featured Stories

• Five stocks we like better than GreenPower Motor
• Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
• 3 Healthcare Stocks for 3 Stages of Life
• Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
• MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky

Receive News & Ratings for GreenPower Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GreenPower Motor and related companies with MarketBeat.com's FREE daily email newsletter.