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
CIKN/A
Phone604-428-7656
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$600,000.00
Profitability
Miscellaneous
Employees63
Next Earnings Date11/18/2019 (Estimated)
OptionableNot Optionable
Electrameccanica Vehicles (NASDAQ:SOLO) Frequently Asked Questions
What is Electrameccanica Vehicles' stock symbol?
Electrameccanica Vehicles trades on the NASDAQ under the ticker symbol "SOLO."
How were Electrameccanica Vehicles' earnings last quarter?
Electrameccanica Vehicles Corp (NASDAQ:SOLO) posted its earnings results on Thursday, August, 8th. The company reported ($0.07) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.07). The business earned $0.12 million during the quarter, compared to analyst estimates of $1.41 million. Electrameccanica Vehicles had a negative return on equity of 71.71% and a negative net margin of 3,769.20%. View Electrameccanica Vehicles' Earnings History.
When is Electrameccanica Vehicles' next earnings date?
What price target have analysts set for SOLO?
4 Wall Street analysts have issued twelve-month price targets for Electrameccanica Vehicles' shares. Their forecasts range from $5.00 to $6.00. On average, they expect Electrameccanica Vehicles' share price to reach $5.67 in the next twelve months. This suggests a possible upside of 213.1% 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?
News coverage about SOLO stock has been trending negative this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Electrameccanica Vehicles earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect 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 decrease in short interest in September. As of September 30th, there was short interest totalling 757,000 shares, a decrease of 23.1% from the August 30th total of 985,000 shares. Based on an average daily trading volume, of 219,400 shares, the days-to-cover ratio is currently 3.5 days. Currently, 3.8% of the shares of the company are sold short. View Electrameccanica Vehicles' Current Options Chain.
Who are some of Electrameccanica Vehicles' key competitors?
What other stocks do shareholders of Electrameccanica Vehicles own?
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)
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 $1.81.
How big of a company is Electrameccanica Vehicles?
Electrameccanica Vehicles has a market capitalization of $66.62 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?
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)
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.
