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Electrameccanica Vehicles Stock Price, News & Analysis (NASDAQ:SOLO)

$1.89
+0.07 (+3.85 %)
(As of 10/21/2019 08:44 AM ET)
Today's Range
$1.81
Now: $1.89
$1.89
50-Day Range
$1.69
MA: $2.15
$2.48
52-Week Range
$0.90
Now: $1.89
$7.48
Volume135,314 shs
Average Volume170,666 shs
Market Capitalization$69.57 million
P/E RatioN/A
Dividend YieldN/A
Beta1.62
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-3,769.20%

Miscellaneous

Employees63
Market Cap$69.57 million
Next Earnings Date11/18/2019 (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."

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp (NASDAQ:SOLO) posted its quarterly earnings data on Thursday, August, 8th. The company reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). The firm had revenue of $0.12 million for the quarter, compared to analysts' expectations 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?

Electrameccanica Vehicles is scheduled to release their next quarterly earnings announcement on Monday, November 18th 2019. View Earnings Estimates for Electrameccanica Vehicles.

What price target have analysts set for SOLO?

4 equities research 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 year. This suggests a possible upside of 199.8% 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 headlines about SOLO stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Electrameccanica Vehicles earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Electrameccanica Vehicles.

Are investors shorting Electrameccanica Vehicles?

Electrameccanica Vehicles saw a drop in short interest in September. As of September 30th, there was short interest totalling 757,000 shares, a drop of 23.1% from the August 30th total of 985,000 shares. Based on an average daily trading volume, of 219,400 shares, the short-interest ratio is presently 3.5 days. Approximately 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?

Some companies that are related to Electrameccanica Vehicles include 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), NIO (NIO), Bank of Hawaii (BOH), Canopy Growth (CGC), Advanced Micro Devices (AMD), Netflix (NFLX), Aurora Cannabis (ACB), 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)

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 $1.89.

How big of a company is Electrameccanica Vehicles?

Electrameccanica Vehicles has a market capitalization of $69.57 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:  2.4 out of 5 (star star)
Outperform Votes:  62 (Vote Outperform)
Underperform Votes:  68 (Vote Underperform)
Total Votes:  130
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 10/21/2019 by MarketBeat.com Staff

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