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NASDAQ:SOLO

Electrameccanica Vehicles (SOLO) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$0.21
$0.21
50-Day Range
$0.21
$0.25
52-Week Range
$0.20
$1.04
Volume
N/A
Average Volume
522,441 shs
Market Capitalization
$25.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$0.40

Electrameccanica Vehicles MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
88.5% Upside
$0.40 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.33) to ($0.55) Per Share

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.

0.31 out of 5 stars

Auto/Tires/Trucks Sector

76th out of 80 stocks

Motor Vehicles & Car Bodies Industry

25th out of 26 stocks

SOLO stock logo

About Electrameccanica Vehicles Stock (NASDAQ:SOLO)

Electrameccanica Vehicles Corp. develops, manufactures, and sells electric vehicles in the United States and Canada. Its flagship product is the SOLO, a single seat vehicle. The company is also developing four-wheeled eRoadster and Tofino. In addition, it provides services, repairs, and support services, as well as sale of parts and custom built vehicles. The company sells its vehicles through direct-to-consumer online marketing, as well as through retail store operations in the States of California, Arizona, and Oregon. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.

SOLO Stock News Headlines

SOLO Apr 2024 1.000 call
SOLO Apr 2024 1.000 put
SOLO Jun 2024 1.000 put
Electrameccanica Vehicles Corp (SOLO)
SOLO Electrameccanica Vehicles Corp.
3 EV Stocks to Sell in January Before They Crash and Burn
ElectraMeccanica puts Mesa plant on the sublease market
The small and affordable EVs we lost in 2023
ElectraMeccanica and Tevva Resolve Merger Litigation
See More Headlines
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Company Calendar

Last Earnings
3/22/2021
Today
6/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:SOLO
Fax
N/A
Employees
34
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$0.40
High Stock Price Target
$0.40
Low Stock Price Target
$0.40
Potential Upside/Downside
+88.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-57,580,000.00
Net Margins
-2,290.59%
Pretax Margin
-9,470.56%

Debt

Sales & Book Value

Annual Sales
$610,000.00
Book Value
$0.61 per share

Miscellaneous

Free Float
109,099,000
Market Cap
$25.36 million
Optionable
Not Optionable
Beta
2.60
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Key Executives

  • Ms. Susan E. Docherty (Age 61)
    CEO, Interim COO & Director
    Comp: $1.72M
  • Mr. Stephen Johnston (Age 53)
    Chief Financial Officer
    Comp: $377.96k
  • Mr. Michael Bridge (Age 59)
    General Counsel & Corporate Secretary
    Comp: $661.28k
  • Ms. Kim Anne Brink (Age 57)
    Chief Revenue Officer
  • Mr. Ajay Kumar
    Vice President of IT & Chief Information Officer
  • Mr. Conark Shah
    Vice President of Strategy & Chief of Staff

SOLO Stock Analysis - Frequently Asked Questions

Should I buy or sell Electrameccanica Vehicles stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOLO, but not buy additional shares or sell existing shares.
View SOLO analyst ratings
or view top-rated stocks.

What is Electrameccanica Vehicles' stock price target for 2024?

1 brokerages have issued twelve-month price objectives for Electrameccanica Vehicles' stock. Their SOLO share price targets range from $0.40 to $0.40. On average, they anticipate the company's stock price to reach $0.40 in the next year. This suggests a possible upside of 88.5% from the stock's current price.
View analysts price targets for SOLO
or view top-rated stocks among Wall Street analysts.

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) issued its quarterly earnings data on Monday, March, 22nd. The company reported ($0.50) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.37. The business earned $0.22 million during the quarter, compared to analyst estimates of $0.16 million. Electrameccanica Vehicles had a negative trailing twelve-month return on equity of 46.23% and a negative net margin of 2,290.59%.

What other stocks do shareholders of Electrameccanica Vehicles own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Electrameccanica Vehicles investors own include NIO (NIO), Tesla (TSLA), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Blink Charging (BLNK), Micron Technology (MU), Workhorse Group (WKHS), Pfizer (PFE), NVIDIA (NVDA) and Carnival Co. & (CCL).

This page (NASDAQ:SOLO) was last updated on 6/13/2024 by MarketBeat.com Staff

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