NeoVolta (NASDAQ:NEOV) Posts Earnings Results

Key Points

• NeoVolta (NASDAQ:NEOV) reported a quarterly loss with earnings per share (EPS) of ($0.05) and a negative net margin of 96.69%.
• The company's stock price reached $4.55, with a market cap of $155.25 million and a PE ratio of -37.91.
• NeoVolta designs and sells energy storage systems, targeting certified solar installers and equipment distributors across the United States.

NeoVolta (NASDAQ:NEOV - Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.05) earnings per share (EPS) for the quarter, Zacks reports. NeoVolta had a negative net margin of 96.69% and a negative return on equity of 105.35%.

NeoVolta Stock Performance

NEOV traded up $0.04 during trading hours on Monday, reaching $4.55. The company's stock had a trading volume of 147,335 shares, compared to its average volume of 250,340. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.28 and a current ratio of 3.80. The company's 50-day moving average is $4.50 and its 200-day moving average is $3.51. NeoVolta has a 52 week low of $1.80 and a 52 week high of $6.11. The firm has a market cap of $155.25 million, a PE ratio of -37.91 and a beta of -0.93.

NeoVolta Company Profile

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.

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