GreenPower Motor (NASDAQ:GP) Posts Earnings Results

GreenPower Motor (NASDAQ:GP) announced its earnings results on Saturday. The company reported ($1.64) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $2.55 million during the quarter.

GreenPower Motor Stock Performance

Shares of NASDAQ GP traded down $0.07 during mid-day trading on Friday, hitting $1.16. The stock had a trading volume of 3,580,285 shares, compared to its average volume of 6,568,329. The firm has a market cap of $487,200.00, a PE ratio of -0.34 and a beta of 1.99. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.11 and a current ratio of 1.49. The company has a 50 day moving average of $2.22 and a two-hundred day moving average of $5.09. GreenPower Motor has a twelve month low of $0.41 and a twelve month high of $9.20.

Wall Street Analysts Forecast Growth

GP has been the topic of a number of research analyst reports. Wall Street Zen lowered GreenPower Motor from a “hold” rating to a “sell” rating in a research note on Saturday, November 7th. Weiss Ratings restated a “sell (e+)” rating on shares of GreenPower Motor in a report on Thursday, October 15th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, GreenPower Motor presently has an average rating of “Reduce”.

Trending Headlines about GreenPower Motor

Investors following GP have been watching these headlines:

• Neutral Sentiment: Fourteen reported LULD pauses may have amplified uncertainty and disrupted trading; the notices alone do not explain the direction or underlying cause of the moves.

GreenPower Motor Company Profile

GreenPower Motor Company Inc. is a Canadian manufacturer of all-electric commercial vehicles. The company designs and produces zero-emission buses and trucks for passenger transportation, school transportation, delivery, and other commercial applications. Its product portfolio includes electric transit buses, school buses, shuttle buses, vans, and medium-duty trucks. Notable vehicle lines include the EV Star family of commercial vehicles, the BEAST all-electric school bus, and other purpose-built electric platforms designed for urban transit and fleet operations.