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NASDAQ:SOLO

Electrameccanica Vehicles Stock Forecast, Price & News

$2.58
-0.02 (-0.77 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$2.53
Now: $2.58
$2.62
50-Day Range
$2.56
MA: $2.82
$3.28
52-Week Range
$0.89
Now: $2.58
$6.00
Volume2.07 million shs
Average Volume6.02 million shs
Market Capitalization$189.43 million
P/E RatioN/A
Dividend YieldN/A
Beta1.78
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.26 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$580,000.00
Book Value$0.39 per share

Profitability

Net Income$-23,170,000.00
Net Margins-4,274.44%

Miscellaneous

Employees63
Market Cap$189.43 million
Next Earnings Date11/13/2020 (Estimated)
OptionableNot Optionable
$2.58
-0.02 (-0.77 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Electrameccanica Vehicles (NASDAQ:SOLO) Frequently Asked Questions

How has Electrameccanica Vehicles' stock been impacted by Coronavirus (COVID-19)?

Electrameccanica Vehicles' stock was trading at $1.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SOLO stock has increased by 66.5% and is now trading at $2.58.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Electrameccanica Vehicles?

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

When is Electrameccanica Vehicles' next earnings date?

Electrameccanica Vehicles is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for Electrameccanica Vehicles
.

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp (NASDAQ:SOLO) issued its earnings results on Tuesday, August, 11th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.08. The firm had revenue of $0.01 million for the quarter, compared to analysts' expectations of $0.14 million. Electrameccanica Vehicles had a negative return on equity of 94.40% and a negative net margin of 4,274.44%.
View Electrameccanica Vehicles' earnings history
.

What price target have analysts set for SOLO?

2 analysts have issued 1 year price targets for Electrameccanica Vehicles' stock. Their forecasts range from $4.00 to $4.00. On average, they expect Electrameccanica Vehicles' share price to reach $4.00 in the next twelve months. This suggests a possible upside of 55.0% from the stock's current price.
View analysts' price targets for Electrameccanica Vehicles
.

Are investors shorting Electrameccanica Vehicles?

Electrameccanica Vehicles saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,030,000 shares, an increase of 45.7% from the August 15th total of 2,080,000 shares. Based on an average daily volume of 13,960,000 shares, the short-interest ratio is currently 0.2 days.
View Electrameccanica Vehicles' Short Interest
.

Who are some of Electrameccanica Vehicles' key competitors?

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), Blink Charging (BLNK), Sorrento Therapeutics (SRNE), Workhorse Group (WKHS), Micron Technology (MU), Nikola (NKLA), Intel (INTC) and NVIDIA (NVDA).

Who are Electrameccanica Vehicles' key executives?

Electrameccanica Vehicles' management team includes the following 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)

What is Electrameccanica Vehicles' stock symbol?

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

Who are Electrameccanica Vehicles' major shareholders?

Electrameccanica Vehicles' stock is owned by many different institutional and retail investors. Top institutional shareholders include Two Sigma Securities LLC (0.07%), Advisor Group Holdings Inc. (0.06%), Schonfeld Strategic Advisors LLC (0.06%), Raymond James Financial Services Advisors Inc. (0.04%) and ETRADE Capital Management LLC (0.02%).

Which institutional investors are buying Electrameccanica Vehicles stock?

SOLO stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Securities LLC, Schonfeld Strategic Advisors LLC, Advisor Group Holdings Inc., Raymond James Financial Services Advisors Inc., and ETRADE Capital 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 $2.58.

How big of a company is Electrameccanica Vehicles?

Electrameccanica Vehicles has a market capitalization of $189.43 million and generates $580,000.00 in revenue each year. The company earns $-23,170,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis. Electrameccanica Vehicles employs 63 workers across the globe.

What is Electrameccanica Vehicles' official website?

The official website for Electrameccanica Vehicles is www.electrameccanica.com.

How can I contact Electrameccanica Vehicles?

Electrameccanica Vehicles' mailing address is 102 EAST 1ST AVENUE, VANCOUVER A1, V5T 1A4. The company can be reached via phone at 604-428-7656 or via email at [email protected]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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