Volcon (NASDAQ:VLCN) Stock Price Up 2.3% – Time to Buy?

Volcon, Inc. (NASDAQ:VLCNGet Free Report)’s stock price was up 2.3% during mid-day trading on Wednesday . The stock traded as high as $0.87 and last traded at $0.85. Approximately 26,512 shares were traded during trading, a decline of 94% from the average daily volume of 448,080 shares. The stock had previously closed at $0.83.

Analyst Upgrades and Downgrades

Separately, Aegis upgraded Volcon to a “strong-buy” rating in a research note on Wednesday, March 5th.

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Volcon Stock Down 8.0 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.07 and a quick ratio of 1.71. The firm’s 50-day moving average is $0.90 and its 200-day moving average is $3.47.

About Volcon

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Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.

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