Volcon (NASDAQ:EMPD) Receives "Sell (E+)" Rating from Weiss Ratings

Key Points

• Volcon (NASDAQ:EMPD) has received a "Sell (E+)" rating from Weiss Ratings, as reiterated in a recent research note.
• The company's stock is currently down 1.3%, trading at $6.81, with a significant gap between its 1-year low of $4.40 and high of $80.80.
• Volcon reported a negative earnings per share of ($7.57) for the last quarter, alongside a negative return on equity of 282.87% and a negative net margin of 720.28%.

Volcon (NASDAQ:EMPD - Get Free Report)'s stock had its "sell (e+)" rating reiterated by equities researchers at Weiss Ratings in a research note issued on Friday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of Volcon to a "sell" rating in a report on Saturday, July 26th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Volcon Stock Down 1.3%

Shares of Volcon stock opened at $6.81 on Friday. The company has a 50 day moving average of $7.32 and a 200-day moving average of $7.42. Volcon has a 1-year low of $4.40 and a 1-year high of $80.80.

Volcon (NASDAQ:EMPD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($7.57) earnings per share for the quarter. Volcon had a negative return on equity of 282.87% and a negative net margin of 720.28%.The firm had revenue of $0.70 million for the quarter.

About Volcon

Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.

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