GreenPower Motor (CVE:GPV) Trading Down 92.6% - What's Next?

Key Points

• GreenPower Motor's share price plummeted by 92.6%, trading as low as C$3.65 before recovering slightly to C$4.30 on Monday.
• The company has a current market capitalization of C$130.99 million, with a concerning price-to-earnings ratio of -0.70 and a high debt-to-equity ratio of 445.54.
• GreenPower Motor specializes in designing and manufacturing electric vehicles for commercial markets across the U.S. and Canada, including public transit and delivery services.

GreenPower Motor Company Inc. (CVE:GPV - )'s share price dropped 92.6% during trading on Monday . The stock traded as low as C$3.65 and last traded at C$4.30. Approximately 5,824 shares were traded during mid-day trading, an increase of 2,443% from the average daily volume of 229 shares. The stock had previously closed at C$58.00.

GreenPower Motor Trading Down 92.6%

The firm has a market cap of C$130.99 million, a price-to-earnings ratio of -0.70 and a beta of 3.85. The company has a 50-day moving average price of C$0.65 and a 200 day moving average price of C$0.65. The company has a quick ratio of 0.25, a current ratio of 1.44 and a debt-to-equity ratio of 445.54.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.

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