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NASDAQ:SOLO - Electrameccanica Vehicles Stock Price, Forecast & News

$1.91
+0.06 (+3.24 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$1.85
Now: $1.91
$1.95
50-Day Range
$1.75
MA: $1.91
$2.10
52-Week Range
$0.90
Now: $1.91
$6.74
Volume213,437 shs
Average Volume1.03 million shs
Market Capitalization$70.76 million
P/E RatioN/A
Dividend YieldN/A
Beta1.53
Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells single person electric vehicles under the SOLO name for mass markets. It operates in two segments, Electric Vehicles and Custom Build Vehicles. The company also develops and manufactures high end custom built vehicles. The company sells its vehicles online through electrameccanica.com Website. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.

Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:SOLO
CUSIPN/A
CIKN/A
Phone604-428-7656

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$600,000.00
Book Value$0.55 per share

Profitability

Net Income$-7,740,000.00
Net Margins-4,112.97%

Miscellaneous

Employees63
Market Cap$70.76 million
Next Earnings Date4/6/2020 (Estimated)
OptionableNot Optionable

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Electrameccanica Vehicles (NASDAQ:SOLO) Frequently Asked Questions

What is Electrameccanica Vehicles' stock symbol?

Electrameccanica Vehicles trades on the NASDAQ under the ticker symbol "SOLO."

When is Electrameccanica Vehicles' next earnings date?

Electrameccanica Vehicles is scheduled to release their next quarterly earnings announcement on Monday, April 6th 2020. View Earnings Estimates for Electrameccanica Vehicles.

What price target have analysts set for SOLO?

4 Wall Street analysts have issued 1 year price targets for Electrameccanica Vehicles' stock. Their forecasts range from $5.00 to $6.00. On average, they expect Electrameccanica Vehicles' stock price to reach $5.67 in the next year. This suggests a possible upside of 196.7% from the stock's current price. View Analyst Price Targets for Electrameccanica Vehicles.

What is the consensus analysts' recommendation for Electrameccanica Vehicles?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Electrameccanica Vehicles.

Has Electrameccanica Vehicles been receiving favorable news coverage?

Media headlines about SOLO stock have trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Electrameccanica Vehicles earned a news impact score of -4.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the next few days. View News Stories for Electrameccanica Vehicles.

Are investors shorting Electrameccanica Vehicles?

Electrameccanica Vehicles saw a increase in short interest in October. As of October 31st, there was short interest totalling 849,100 shares, an increase of 9.7% from the September 30th total of 774,100 shares. Based on an average daily volume of 153,300 shares, the days-to-cover ratio is presently 5.5 days. Currently, 4.2% of the company's stock are sold short. View Electrameccanica Vehicles' Current Options Chain.

Who are some of Electrameccanica Vehicles' key competitors?

Some companies that are related to Electrameccanica Vehicles include Kandi Technologies Group (KNDI), Workhorse Group (WKHS), ELIO MOTORS INC/SH SH (ELIO), Greenkraft (GKIT), EMAV (EMAV) and T3M (TTTM).

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 InterDigital Wireless (IDCC), Bank of Hawaii (BOH), NIO (NIO), Canopy Growth (CGC), Aurora Cannabis (ACB), Advanced Micro Devices (AMD), Netflix (NFLX), Aphria (APHA), Stag Industrial (STAG) and Blink Charging (BLNK).

Who are Electrameccanica Vehicles' key executives?

Electrameccanica Vehicles' management team includes the folowing people:
  • Mr. Jerry Kroll, Founder, CEO & Director (Age 57)
  • Mr. Henry Reisner, Founder, Pres, COO & Director (Age 55)
  • Mr. Edward Theobald, Gen. Mang. of Sales & Dealerships (Age 68)
  • Mr. Kulwant Sandher B.Sc., C.A., C.P.A., CPA, CA, Consultant (Age 57)
  • Ms. Baljinder Bhullar, CFO & Sec. (Age 49)

Who are Electrameccanica Vehicles' major shareholders?

Electrameccanica Vehicles' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Sabby Management LLC (0.78%).

Which major investors are selling Electrameccanica Vehicles stock?

SOLO stock was sold by a variety of institutional investors in the last quarter, including Sabby Management LLC.

How do I buy shares of Electrameccanica Vehicles?

Shares of SOLO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Electrameccanica Vehicles' stock price today?

One share of SOLO stock can currently be purchased for approximately $1.91.

How big of a company is Electrameccanica Vehicles?

Electrameccanica Vehicles has a market capitalization of $70.76 million and generates $600,000.00 in revenue each year. The company earns $-7,740,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. Electrameccanica Vehicles employs 63 workers across the globe.View Additional Information About Electrameccanica Vehicles.

What is Electrameccanica Vehicles' official website?

The official website for Electrameccanica Vehicles is http://www.electrameccanica.com/.

How can I contact Electrameccanica Vehicles?

Electrameccanica Vehicles' mailing address is 102 EAST 1ST AVENUE, VANCOUVER A1, V5T1A4. The company can be reached via phone at 604-428-7656 or via email at [email protected]


MarketBeat Community Rating for Electrameccanica Vehicles (NASDAQ SOLO)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  78 (Vote Underperform)
Total Votes:  146
MarketBeat's community ratings are surveys of what our community members think about Electrameccanica Vehicles and other stocks. Vote "Outperform" if you believe SOLO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SOLO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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