Vicinity Motor Corp. (NASDAQ:VEV – Get Free Report) shares were up 7.5% during mid-day trading on Monday . The company traded as high as $0.72 and last traded at $0.72. Approximately 13,518 shares traded hands during trading, a decline of 49% from the average daily volume of 26,454 shares. The stock had previously closed at $0.67.
Vicinity Motor Price Performance
The business’s 50-day simple moving average is $0.74 and its two-hundred day simple moving average is $0.81. The stock has a market capitalization of $31.64 million, a price-to-earnings ratio of -1.87 and a beta of 0.57.
Vicinity Motor (NASDAQ:VEV – Get Free Report) last issued its quarterly earnings data on Tuesday, April 2nd. The company reported ($0.20) earnings per share (EPS) for the quarter. Vicinity Motor had a negative net margin of 87.32% and a negative return on equity of 54.76%. The firm had revenue of $5.09 million during the quarter.
Vicinity Motor Company Profile
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc and changed its name to Vicinity Motor Corp.
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