NASDAQ:ELVA Electrovaya (ELVA) Stock Price, News & Analysis → The “Next Bitcoin”? 10 CENT Crypto Set to Explode (From True Market Insiders) (Ad) Free ELVA Stock Alerts $3.23 +0.22 (+7.31%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$2.98▼$3.2450-Day Range$2.94▼$4.1152-Week Range$2.34▼$5.50Volume43,088 shsAverage Volume17,703 shsMarket Capitalization$109.43 millionP/E Ratio161.58Dividend YieldN/APrice Target$11.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Electrovaya alerts: Email Address Electrovaya MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside250.9% Upside$11.33 Price TargetShort InterestHealthy0.23% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth211.11%From $0.18 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.2.90 out of 5 starsComputer And Technology Sector319th out of 589 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry10th out of 23 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 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.23% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently increased by 25.50%, indicating that investor sentiment is decreasing significantly. 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 1.8 News and Social Media Coverage News SentimentElectrovaya has a news sentiment score of 0.32. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Electrovaya this week, compared to 1 article on an average week.MarketBeat FollowsOnly 2 people have added Electrovaya to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Electrovaya are expected to grow by 211.11% in the coming year, from $0.18 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Electrovaya is 161.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 126.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Electrovaya is 161.58, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 223.00.Price to Book Value per Share RatioElectrovaya has a P/B Ratio of 14.68. 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 Prosper Trading AcademyThese AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet. Click Here To Get Your Free Copy 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 HeadlinesApril 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 28, 2024 | Prosper Trading Academy (Ad)These AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet.April 18, 2024 | americanbankingnews.comHead to Head Analysis: Electrovaya (NASDAQ:ELVA) and Amprius Technologies (NYSE:AMPX)April 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 millionApril 28, 2024 | Prosper Trading Academy (Ad)These AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet.February 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/YFebruary 12, 2024 | finance.yahoo.comElectrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/YJanuary 22, 2024 | seekingalpha.comElectrovaya: Decent Growth Prospects But Too Many Red FlagsJanuary 5, 2024 | markets.businessinsider.comElectrovaya: Sustained Growth and Positive Future Outlook Justify Buy RatingJanuary 5, 2024 | finance.yahoo.comAll You Need to Know About Electrovaya Inc. (ELVA) Rating Upgrade to Strong BuyJanuary 5, 2024 | finance.yahoo.comElectrovaya to Participate in the iAccess Alpha Tax Loss Recovery Summit 2024 - Buyside Best Ideas Virtual Conference on January 9th and 10th, 2024January 3, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/YJanuary 3, 2024 | finance.yahoo.comElectrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/YDecember 22, 2023 | finance.yahoo.comElectrovaya Announces Potential Delay In Filing Year-End Reporting DocumentsNovember 8, 2023 | finance.yahoo.comElectrovaya Named One of Canada's Clean Technology Winners in Deloitte's Technology Fast 50TM ProgramNovember 7, 2023 | msn.comElectrovaya wins additional $8M battery order from existing Fortune 100 customerNovember 6, 2023 | finance.yahoo.comThe 11% return this week takes Electrovaya's (TSE:ELVA) shareholders five-year gains to 291%October 30, 2023 | finance.yahoo.comElectrovaya to attend the Gabelli Funds - 47th Annual Automotive Symposium, the UBS - Industrials Summit and the Craig-Hallum - Alpha Select ConferenceOctober 26, 2023 | benzinga.comElectrovaya Stock (NASDAQ:ELVA), Analyst Ratings, Price Targets, PredictionsOctober 24, 2023 | finance.yahoo.comElectrovaya Appoints Steven Berkenfeld to its Board of DirectorsOctober 3, 2023 | finance.yahoo.comElectrovaya's Preliminary FY2023 Revenue of $42.2 Million, Up 113% Y/YAugust 31, 2023 | finance.yahoo.comElectrovaya to Present at the Piper Sandler Growth Frontiers Conference and the H.C Wainwright Annual Global Investment Conference in SeptemberSee 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 Earnings2/13/2024Today4/28/2024Fiscal 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$11.33 High Stock Price Target$16.00 Low Stock Price Target$8.00 Potential Upside/Downside+250.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.02 Trailing P/E Ratio161.58 Forward P/E Ratio17.94 P/E GrowthN/ANet Income$-1,480,000.00 Net Margins1.79% Pretax Margin0.48% Return on Equity12.44% Return on Assets2.40% Debt Debt-to-Equity Ratio0.30 Current Ratio0.98 Quick Ratio0.61 Sales & Book Value Annual Sales$44.06 million Price / Sales2.48 Cash FlowN/A Price / Cash FlowN/A Book Value$0.22 per share Price / Book14.68Miscellaneous Outstanding Shares33,880,000Free FloatN/AMarket Cap$109.43 million OptionableNot Optionable BetaN/A Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks 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 & DirectorMr. 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 CompetitorsCBAK Energy TechnologyNASDAQ:CBATESS TechNYSE:GWHFlux PowerNASDAQ:FLUXDragonfly EnergyNASDAQ:DFLIUltralifeNASDAQ:ULBIView All CompetitorsInstitutional OwnershipWorth Venture Partners LLCBought 820,538 shares on 2/9/2024Ownership: 2.425%View All Institutional Transactions ELVA Stock Analysis - Frequently Asked Questions Should I buy or sell Electrovaya stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Electrovaya in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ELVA shares. View ELVA analyst ratings or view top-rated stocks. What is Electrovaya's stock price target for 2024? 4 brokerages have issued 12-month price objectives for Electrovaya's stock. Their ELVA share price targets range from $8.00 to $16.00. On average, they predict the company's share price to reach $11.33 in the next year. This suggests a possible upside of 250.9% from the stock's current price. View analysts price targets for ELVA or view top-rated stocks among Wall Street analysts. How have ELVA shares performed in 2024? Electrovaya's stock was trading at $3.06 on January 1st, 2024. Since then, ELVA stock has increased by 5.6% and is now trading at $3.23. View the best growth stocks for 2024 here. Are investors shorting Electrovaya? Electrovaya saw a increase in short interest in April. As of April 15th, there was short interest totaling 50,200 shares, an increase of 25.5% from the March 31st total of 40,000 shares. Based on an average trading volume of 37,800 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.2% of the shares of the stock are short sold. View Electrovaya's Short Interest. How were Electrovaya's earnings last quarter? Electrovaya Inc. (NASDAQ:ELVA) issued its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.03. The firm earned $12.09 million during the quarter, compared to the consensus estimate of $12.63 million. Electrovaya had a net margin of 1.79% and a trailing twelve-month return on equity of 12.44%. What guidance has Electrovaya issued on next quarter's earnings? Electrovaya updated its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $65.0 million-$75.0 million, compared to the consensus revenue estimate of $75.4 million. 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 4/28/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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