Electrovaya Inc. (TSE:EFL) – Research analysts at B. Riley issued their Q1 2019 earnings per share estimates for shares of Electrovaya in a research report issued to clients and investors on Tuesday. B. Riley analyst C. Driscoll expects that the company will post earnings of ($0.06) per share for the quarter. B. Riley has a “Neutral” rating on the stock. B. Riley also issued estimates for Electrovaya’s Q2 2019 earnings at ($0.06) EPS, Q3 2019 earnings at ($0.06) EPS, Q4 2019 earnings at ($0.06) EPS and FY2019 earnings at ($0.25) EPS.
Electrovaya (TSE EFL) traded down C$0.01 during mid-day trading on Wednesday, hitting C$0.56. The stock had a trading volume of 114,050 shares, compared to its average volume of 247,033. The firm has a market capitalization of $51.92, a PE ratio of -1.87 and a beta of 2.22. Electrovaya has a 52 week low of C$0.53 and a 52 week high of C$3.05.
In related news, Director Gupta Bejoy Das bought 50,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were acquired at an average price of C$0.85 per share, for a total transaction of C$42,500.00. Insiders have purchased 110,000 shares of company stock worth $92,450 in the last quarter.
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Electrovaya Company Profile
Electrovaya Inc is a Canada-based company, which designs, develops and manufactures Lithium Ion SuperPolymer batteries, battery systems, and battery related products for energy storage, clean electric transportation and other specialized applications. The Company develops, manufactures and markets power technology products.
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