GreenPower Motor (NASDAQ:GP) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen downgraded shares of GreenPower Motor (NASDAQ:GP) from a hold rating to a sell rating in a research report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of GreenPower Motor in a research note on Thursday, October 15th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, GreenPower Motor presently has an average rating of “Reduce”.

GreenPower Motor Price Performance

NASDAQ:GP opened at $0.58 on Friday. The stock has a 50 day moving average of $2.65 and a two-hundred day moving average of $5.19. GreenPower Motor has a 12 month low of $0.53 and a 12 month high of $9.20. The firm has a market cap of $245,070.00, a P/E ratio of -0.17 and a beta of 1.99. The company has a current ratio of 1.49, a quick ratio of 0.11 and a debt-to-equity ratio of 2.80.

GreenPower Motor (NASDAQ:GP) last released its earnings results on Friday, August 14th. The company reported ($2.10) earnings per share for the quarter. The firm had revenue of $0.44 million during the quarter.

About GreenPower Motor

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.

Founded in 2010 and headquartered in Vancouver, British Columbia, GreenPower serves customers primarily in the United States and Canada.