Volcon (NASDAQ:EMPD) Raised to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Volcon (EMPD) from a "strong sell" to a "sell," but analyst views remain mixed and MarketBeat shows a consensus rating of "Moderate Buy" with one "strong-buy" and one "sell" on file.
• Volcon reported a steep quarterly loss (EPS of -$4.84), revenue of ($0.66) million and a negative net margin of 1,795.76%, while shares trade around $4.79 with a market cap near $145 million and weak liquidity (current ratio 0.27).
• Insider buying increased recently: Atg Capital bought 559,183 shares at about $4.68 to hold 4.5M shares, and insiders purchased 1,119,771 shares over the last three months totaling roughly $5.35M, though insiders still own just 0.13% of the company.

Volcon (NASDAQ:EMPD - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "strong sell" rating to a "sell" rating in a research note issued on Sunday.

A number of other brokerages have also recently issued reports on EMPD. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Volcon in a report on Wednesday, January 21st. Aegis raised shares of Volcon to a "strong-buy" rating in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Volcon currently has a consensus rating of "Moderate Buy".

Volcon Stock Up 1.5%

Volcon stock opened at $4.79 on Friday. Volcon has a twelve month low of $3.18 and a twelve month high of $44.09. The company has a current ratio of 0.27, a quick ratio of 0.26 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $144.90 million, a P/E ratio of -0.31 and a beta of -0.73. The stock's fifty day simple moving average is $4.17 and its 200-day simple moving average is $5.14.

Volcon (NASDAQ:EMPD - Get Free Report) last issued its earnings results on Friday, March 27th. The company reported ($4.84) earnings per share (EPS) for the quarter. Volcon had a negative net margin of 1,795.76% and a negative return on equity of 72.94%. The company had revenue of ($0.66) million during the quarter.

Insider Buying and Selling at Volcon

In other Volcon news, major shareholder Atg Capital Opportunities Fund acquired 559,183 shares of the company's stock in a transaction dated Tuesday, February 3rd. The stock was acquired at an average cost of $4.68 per share, with a total value of $2,616,976.44. Following the purchase, the insider directly owned 4,500,000 shares in the company, valued at approximately $21,060,000. This trade represents a 14.19% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders have purchased 1,119,771 shares of company stock worth $5,349,670. Company insiders own 0.13% of the company's stock.

Volcon Company Profile

Volcon, Inc NASDAQ: EMPD is a Texas‐based powersports company specializing in the design, development and distribution of electric off-road vehicles. Headquartered in Austin, Volcon aims to introduce zero-emission solutions to the traditionally gas-powered UTV and dirt bike markets. The company's modular vehicle platforms blend electric drivetrains with rugged chassis designs, targeting recreational and utility riders seeking sustainable alternatives for trail, sand and farm use.

Volcon's product lineup includes the Stag, a side-by-side utility terrain vehicle (UTV) engineered for work and play; the Grunt, an entry-level electric dirt bike offering trail-ready performance; and the Ranger, a dual-purpose e-adventure motorcycle suited for longer off-road excursions.

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