NASDAQ:PEV

Phoenix Motor (PEV) Stock Forecast, Price & News

$0.82

-0.04 (-4.62%)

(As of 05/31/2023 ET)

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Today's Range: $0.76
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$0.85
50-Day Range: $0.59
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$0.94
52-Week Range: $0.57
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$8.50

Volume: 4,099 shs
Average Volume: 173,484 shs
Market Capitalization: $17.56 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Phoenix Motor (NASDAQ:PEV) Stock

Phoenix Motor Inc. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles. The company offers buses and trucks. It focuses on developing light and medium duty commercial electric vehicles for various service and government fleet markets, including city fleets, campuses, municipalities, and transit agencies; and serves a spectrum of commercial fleet customers, such as airport shuttle operators, hotel chains, transit fleet operators, seaports, last-mile delivery fleets, and large corporations. The company also markets and sells electric vehicle chargers for the commercial and residential markets; and operates a sales and leasing dealership in the United States. In addition, it sells various L2 and DC fast-charging solutions to its fleet customers at the point of sale for fleet vehicles. The company was founded in 2003 and is headquartered in Anaheim, California. Phoenix Motor Inc. operates as a subsidiary of Edisonfuture Inc.

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PEV Stock News Headlines

May 23, 2023 | bizjournals.com

Sacramento-based SPI Energy's shares rise after investor presentation

May 15, 2023 | finance.yahoo.com

Phoenix Motor Inc. Announces First Quarter 2023 Financial Results

June 1, 2023 | Vantage Point (Ad)

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May 14, 2023 | americanbankingnews.com

Phoenix Motor (PEV) Set to Announce Quarterly Earnings on Monday

May 10, 2023 | finance.yahoo.com

Phoenix Motorcars to Hold First Quarter 2023 Earnings Call on May 15

May 6, 2023 | americanbankingnews.com

Atlis Motor Vehicles (NASDAQ:AMV) and Phoenix Motor (NASDAQ:PEV) Head to Head Contrast

April 28, 2023 | finance.yahoo.com

Phoenix Motorcars To Exhibit New Gen 4 Electric Drive System At Annual ACT Expo 2023

April 15, 2023 | americanbankingnews.com

Comparing Miller Industries (NYSE:MLR) & Phoenix Motor (NASDAQ:PEV)

June 1, 2023 | Vantage Point (Ad)

Major Financial Crisis Could Hit America

April 15, 2023 | americanbankingnews.com

Head-To-Head Survey: Phoenix Motor (NASDAQ:PEV) and Miller Industries (NYSE:MLR)

April 8, 2023 | americanbankingnews.com

Head-To-Head Review: Phoenix Motor (NASDAQ:PEV) vs. Miller Industries (NYSE:MLR)

March 29, 2023 | finance.yahoo.com

Phoenix Motor Inc. Announces Unaudited Fourth Quarter and Full Year 2022 Financial Results1

March 28, 2023 | americanbankingnews.com

Phoenix Motor (PEV) Set to Announce Quarterly Earnings on Wednesday

March 6, 2023 | bizjournals.com

Phoenix Motorcars partners to make electric shuttles, bookmobiles

March 6, 2023 | msn.com

Phoenix Motor finds partner to build Class 4 vehicles

March 6, 2023 | finance.yahoo.com

Phoenix Motorcars & Matthews Specialty Vehicles Form Partnership to Jointly Build and Deploy Class 4 Vehicles

March 3, 2023 | msn.com

Phoenix Motors said its commercial vehicles quality for Inflation Reduction Act benefits

March 3, 2023 | finance.yahoo.com

Phoenix Motorcars All-Electric Vehicles Eligible for up to $40,000 Tax Credit Per Vehicle Under the Inflation Reduction Act

March 3, 2023 | finance.yahoo.com

Phoenix Motor EVs Eligible For Tax Credit Under Inflation Reduction Act

February 25, 2023 | seekingalpha.com

PEV Phoenix Motor Inc.

February 15, 2023 | finance.yahoo.com

Phoenix Motorcars Announces Timing of Fourth Quarter 2022 Earnings Results and Conference Call

February 14, 2023 | finance.yahoo.com

Phoenix Motorcars Delivers All-Electric, Zero Emission Trucks to City of Salinas

January 29, 2023 | bizjournals.com

First look: Retro-style Egyptian Motor Hotel opens in Phoenix

January 18, 2023 | bizjournals.com

Cactus High students build a road-worthy electric vehicle

November 19, 2022 | finance.yahoo.com

Phoenix Motor Third Quarter 2022 Earnings: US$0.20 loss per share (vs US$0.12 loss in 3Q 2021)

November 16, 2022 | seekingalpha.com

Phoenix Motor Inc. (PEV) Q3 2022 Earnings Call Transcript

November 15, 2022 | finance.yahoo.com

Phoenix Motor Inc. Announces Third Quarter 2022 Financial and Operational Results And Provides Business Update Detailing Future Growth Plans

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PEV Company Calendar

Last Earnings: 3/29/2023
Today: 5/31/2023
Next Earnings (Estimated): 8/21/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Truck & bus bodies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:PEV
CUSIP: N/A
CIK: 1879848
Web: www.phoenixmotorcars.com
Phone: 909-987-0815
Fax: 909-987-2020
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-12,700,000.00
Net Margins: -241.93%
Pretax Margin: -241.80%
Return on Equity: -88.97%
Return on Assets: -62.29%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.30
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $4.33 million
Price / Sales: 4.06
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.51 per share
Price / Book: 1.62

Miscellaneous

Outstanding Shares: 21,290,000
Free Float: 19,610,000
Market Cap: $17.56 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Wenbing Christopher Wang (Age 51)
Chief Financial Officer
Comp: $50k

Mr. Tarek Helou (Age 41)
Chief Operating Officer
Comp: $195.09k

Dr. Liang Zhou Ph.D. (Age 54)
Exec. Director & CEO

Mr. Mark Hastings
Sr. VP of Corp. Devel. & Strategy and Head of Investor Relations

Mr. Jose Paul Plackal (Age 41)
Chief Marketing Officer

Mr. Lewis Liu
Sr. VP of PMO & Bus. Devel.

Key Competitors

View All Competitors

PEV Stock - Frequently Asked Questions

How have PEV shares performed in 2023?: Phoenix Motor's stock was trading at $1.06 at the beginning of 2023. Since then, PEV shares have decreased by 22.2% and is now trading at $0.8250.
View the best growth stocks for 2023 here.
Are investors shorting Phoenix Motor?: Phoenix Motor saw a decline in short interest in May. As of May 15th, there was short interest totaling 40,400 shares, a decline of 44.2% from the April 30th total of 72,400 shares. Based on an average daily trading volume, of 73,500 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.3% of the company's shares are sold short.
View Phoenix Motor's Short Interest.
When is Phoenix Motor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our PEV earnings forecast.
How were Phoenix Motor's earnings last quarter?: Phoenix Motor Inc. (NASDAQ:PEV) posted its quarterly earnings results on Wednesday, March, 29th. The company reported ($0.21) earnings per share for the quarter. The business earned $1.75 million during the quarter. Phoenix Motor had a negative net margin of 241.93% and a negative trailing twelve-month return on equity of 88.97%.

When did Phoenix Motor IPO?: (PEV) raised $16 million in an initial public offering (IPO) on Wednesday, June 8th 2022. The company issued 2,100,000 shares at a price of $7.50 per share.
What is Phoenix Motor's stock symbol?: Phoenix Motor trades on the NASDAQ under the ticker symbol "PEV."
How do I buy shares of Phoenix Motor?: Shares of PEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Phoenix Motor's stock price today?: One share of PEV stock can currently be purchased for approximately $0.83.
How much money does Phoenix Motor make?: Phoenix Motor (NASDAQ:PEV) has a market capitalization of $17.56 million and generates $4.33 million in revenue each year. The company earns $-12,700,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis.
How can I contact Phoenix Motor?: Phoenix Motor's mailing address is 1500 Lakeview Loop, Anaheim CA, 92807. The official website for the company is www.phoenixmotorcars.com. The company can be reached via phone at 909-987-0815, via email at phoenixir@icrinc.com, or via fax at 909-987-2020.

This page (NASDAQ:PEV) was last updated on 6/1/2023 by MarketBeat.com Staff

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