Microvast (MVST) Expected to Announce Quarterly Earnings on Thursday

Microvast (NASDAQ:MVST - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $104.00 million for the quarter.

Microvast Stock Down 3.3 %

Shares of MVST stock traded down $0.07 during trading hours on Tuesday, hitting $1.92. 1,086,526 shares of the company were exchanged, compared to its average volume of 11,619,724. Microvast has a 52 week low of $0.15 and a 52 week high of $2.87. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average of $1.65 and a two-hundred day moving average of $1.47. The company has a market capitalization of $623.50 million, a PE ratio of -5.04 and a beta of 2.72.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a "buy" rating and set a $3.00 target price on shares of Microvast in a report on Tuesday, April 8th.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.