Positive News SentimentPositive NewsNASDAQ:ELVA Electrovaya (ELVA) Stock Price, News & Analysis $2.56 +0.04 (+1.59%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$2.50▼$2.5950-Day Range$2.43▼$3.0552-Week Range$2.34▼$4.60Volume14,975 shsAverage Volume36,752 shsMarket Capitalization$86.56 millionP/E RatioN/ADividend YieldN/APrice Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Electrovaya alerts: Email Address Electrovaya MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside330.5% Upside$11.00 Price TargetShort InterestHealthy0.31% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth460.00%From $0.10 to $0.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.14 out of 5 starsComputer And Technology Sector303rd out of 612 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry11th out of 28 stocks 3.5 Analyst's Opinion Consensus RatingElectrovaya has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageElectrovaya has only been the subject of 3 research reports in the past 90 days.Read more about Electrovaya's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.31% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently increased by 2.50%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldElectrovaya does not currently pay a dividend.Dividend GrowthElectrovaya does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ELVA. Previous Next 3.8 News and Social Media Coverage News SentimentElectrovaya has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Electrovaya this week, compared to 1 article on an average week.Search Interest1 people have searched for ELVA on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Electrovaya to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Electrovaya insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.47% of the stock of Electrovaya is held by institutions.Read more about Electrovaya's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Electrovaya are expected to grow by 460.00% in the coming year, from $0.10 to $0.56 per share.Price to Book Value per Share RatioElectrovaya has a P/B Ratio of 11.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Electrovaya Stock (NASDAQ:ELVA)Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.Read More ELVA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ELVA Stock News HeadlinesMay 28, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya to Present at Craig Hallum and Roth Capital Investor ConferencesMay 28, 2024 | finance.yahoo.comElectrovaya to Present at Craig Hallum and Roth Capital Investor ConferencesJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 14, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Second Quarter FY2024 Financial ResultsMay 13, 2024 | finance.yahoo.comElectrovaya Announces Rescheduling of Q2-2024 Financial Results & Conference CallMay 13, 2024 | markets.businessinsider.comHere's what Wall Street expects from Electrovaya's earningsMay 13, 2024 | finance.yahoo.comInvestors in Electrovaya (TSE:ELVA) have seen massive returns of 310% over the past five yearsApril 29, 2024 | theglobeandmail.comMajor Trading Company Subsidiary Signs Battery Supply DealJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.April 29, 2024 | msn.comElectrovaya signs supply deal with Sumitomo for its lithium-ion battery productsApril 22, 2024 | finance.yahoo.comCan Electrovaya Inc. (TSE:ELVA) Improve Its Returns?April 19, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya to Host a Battery Technology & Investor DayApril 1, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Electrovaya (TSE:ELVA)March 1, 2024 | theglobeandmail.comElectrovaya: Top 25 Performing Stocks Year-to-Date on Toronto Stock Exchange (ELVA)February 27, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Announces Receipt of UL Functional Safety Approval for Next Generation Battery Management SystemFebruary 14, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Announces Increase in Credit Facility to C$22 millionFebruary 14, 2024 | msn.comElectrovaya increases credit facility to C$22MFebruary 12, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/YSee More Headlines Receive ELVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Electrovaya and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/14/2024Today7/27/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNASDAQ:ELVA Previous SymbolNASDAQ:ELVA CUSIPN/A CIK1844450 Webelectrovaya.com Phone905-855-4610FaxN/AEmployees97Year FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$16.00 Low Stock Price Target$8.00 Potential Upside/Downside+330.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,480,000.00 Net Margins-0.44% Pretax Margin0.79% Return on Equity-2.83% Return on Assets-0.56% Debt Debt-to-Equity Ratio0.27 Current Ratio0.99 Quick Ratio0.58 Sales & Book Value Annual Sales$44.06 million Price / Sales1.96 Cash FlowN/A Price / Cash FlowN/A Book Value$0.22 per share Price / Book11.61Miscellaneous Outstanding Shares33,880,000Free FloatN/AMarket Cap$86.56 million OptionableNot Optionable BetaN/A 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. Sankar Das Gupta DIC (Age 73)Ph.D., Executive Chairman Comp: $221.6kDr. Rajshekar Das Gupta Ph.D.CEO & DirectorDr. James K. Jacobs MA (Age 75)Ph.D., Co-Founder & Independent Director Comp: $7.42kMr. Francis John GibsonCFO & SecretaryMr. Kyle O'LearyDirector of OperationsMr. Jason RoyDirector of Corporate Development & Investor RelationsDr. Jeremy Dang Ph.D.Vice President of Business & Project DevelopmentMore ExecutivesKey CompetitorsFREYR BatteryNYSE:FREYByrna TechnologiesNASDAQ:BYRNNOVONIXNASDAQ:NVXStemNYSE:STEMGauzyNASDAQ:GAUZView All Competitors ELVA Stock Analysis - Frequently Asked Questions How have ELVA shares performed this year? Electrovaya's stock was trading at $3.06 at the beginning of 2024. Since then, ELVA shares have decreased by 16.5% and is now trading at $2.5550. View the best growth stocks for 2024 here. How were Electrovaya's earnings last quarter? Electrovaya Inc. (NASDAQ:ELVA) posted its quarterly earnings data on Tuesday, May, 14th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.05. The business had revenue of $10.70 million for the quarter, compared to analyst estimates of $16.42 million. Electrovaya had a negative trailing twelve-month return on equity of 2.83% and a negative net margin of 0.44%. How do I buy shares of Electrovaya? Shares of ELVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ELVA) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredGet out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all...Stansberry Research | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredMan Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new comp...The Oxford Club | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Electrovaya Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Electrovaya With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.