Volcon (NASDAQ:EMPD) Stock Rating Upgraded by Aegis

Key Points

• Aegis upgraded Volcon (NASDAQ:EMPD) to a "strong-buy" while Weiss Ratings reiterated a "sell (e+)," leaving the consensus at an average rating of "Moderate Buy" based on one Strong Buy and one Sell.
• Volcon shows weak fundamentals with a market cap of about $132.5M, last-quarter EPS of ($4.84), a hugely negative net margin (~-1,758.8%) and a 1-year trading range of $3.18–$44.09.
• Major shareholder Atg Capital Opportunities Fund bought 559,183 shares at ~$4.68 (~$2.62M), raising its stake to 4.5M shares, and insiders bought a total of 1,119,771 shares (~$5.35M) in the past 90 days.

Volcon (NASDAQ:EMPD - Get Free Report) was upgraded by Aegis to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Volcon in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy".

Volcon Price Performance

EMPD opened at $4.38 on Monday. The company has a 50-day moving average of $4.18 and a 200-day moving average of $5.19. The company has a market capitalization of $132.50 million, a P/E ratio of -0.28 and a beta of -0.73. Volcon has a 1-year low of $3.18 and a 1-year high of $44.09. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.45 and a current ratio of 0.27.

Volcon (NASDAQ:EMPD - Get Free Report) last announced its quarterly earnings data on Friday, March 27th. The company reported ($4.84) earnings per share (EPS) for the quarter. Volcon had a negative return on equity of 72.94% and a negative net margin of 1,758.79%.The firm had revenue of ($0.66) million for the quarter.

Insider Buying and Selling

In related news, major shareholder Atg Capital Opportunities Fund purchased 559,183 shares of the stock in a transaction on Tuesday, February 3rd. The shares were bought at an average price of $4.68 per share, for a total transaction of $2,616,976.44. Following the completion of the acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 1,119,771 shares of company stock worth $5,349,670 in the last 90 days. Company insiders own 0.13% of the company's stock.

About Volcon

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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