Microvast (NASDAQ:MVST) Upgraded to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Microvast from "buy" to "strong‑buy," while Weiss Ratings kept a "sell (d‑)" and MarketBeat shows a consensus rating of Hold with a $3.00 target, signaling mixed analyst views.
• Shares opened at $2.24 and were down about 5.5%; the company has a market cap of ~$735 million, a 12‑month range of $1.09–$7.12, and 50/200‑day moving averages of $2.82/$3.49.
• Director Yixin Pan sold 12,596 shares at an average $2.76 (an 8.79% cut to their position); insiders collectively own about 44.80% of the stock.

Microvast (NASDAQ:MVST - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Monday.

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Microvast in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Microvast has a consensus rating of "Hold" and a consensus target price of $3.00.

Microvast Stock Down 5.5%

Shares of NASDAQ MVST opened at $2.24 on Monday. The company has a market cap of $735.12 million, a price-to-earnings ratio of -4.15 and a beta of 3.36. The company has a current ratio of 0.84, a quick ratio of 0.60 and a debt-to-equity ratio of 0.21. Microvast has a 12 month low of $1.09 and a 12 month high of $7.12. The stock has a 50-day moving average price of $2.82 and a two-hundred day moving average price of $3.49.

Insiders Place Their Bets

In other Microvast news, Director Yixin Pan sold 12,596 shares of the company's stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $2.76, for a total value of $34,764.96. Following the completion of the transaction, the director directly owned 130,739 shares in the company, valued at approximately $360,839.64. This represents a 8.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 44.80% of the stock is owned by insiders.

Institutional Trading of Microvast

Institutional investors have recently modified their holdings of the business. Amalgamated Bank bought a new position in Microvast during the 2nd quarter worth $25,000. Panagora Asset Management Inc. bought a new position in shares of Microvast during the fourth quarter worth about $30,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Microvast in the third quarter worth approximately $32,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Microvast by 727.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,796 shares of the company's stock worth $36,000 after acquiring an additional 11,250 shares during the period. Finally, Cibc World Markets Corp bought a new stake in Microvast in the fourth quarter valued at approximately $37,000. Institutional investors own 20.72% of the company's stock.

About Microvast

Microvast Holdings, Inc, traded on NASDAQ under the symbol MVST, is a global provider of advanced lithium-ion battery solutions for transportation and stationary energy storage applications. The company designs, develops and manufactures a range of battery cells, modules and packs tailored to electric buses, commercial vehicles, passenger cars and grid storage systems. Its technology emphasizes fast charging, long cycle life and high energy density to meet stringent performance requirements in demanding operating environments.

Founded in 2006, Microvast has established a vertically integrated platform that spans research and development, pilot production and full-scale manufacturing.

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