GreenPower Motor (NASDAQ:GP) Releases Earnings Results

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

GreenPower Motor Trading Down 5.7%

GreenPower Motor stock traded down $0.07 during mid-day trading on Friday, hitting $1.16. 3,580,285 shares of the company’s stock were exchanged, compared to its average volume of 6,568,329. The firm has a market capitalization of $487,200.00, a P/E ratio of -0.34 and a beta of 1.99. GreenPower Motor has a fifty-two week low of $0.41 and a fifty-two week high of $9.20. The company has a quick ratio of 0.11, a current ratio of 1.49 and a debt-to-equity ratio of 2.80. The company’s 50 day simple moving average is $2.22 and its 200-day simple moving average is $5.09.

GreenPower Motor News Roundup

Investors following GP have been watching these news items:

• 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.

Analyst Upgrades and Downgrades

GP has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of GreenPower Motor in a research note on Thursday, October 15th. Wall Street Zen downgraded shares of GreenPower Motor from a “hold” rating to a “sell” rating in a research note on Saturday, November 7th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

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.