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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:SOLO

Electrameccanica Vehicles Stock Forecast, Price & News

$7.55
-0.36 (-4.55 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$7.46
Now: $7.55
$8.49
50-Day Range
$6.19
MA: $7.03
$8.87
52-Week Range
$0.89
Now: $7.55
$13.60
Volume19.13 million shs
Average Volume21.84 million shs
Market Capitalization$616.96 million
P/E RatioN/A
Dividend YieldN/A
Beta1.81
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through six retail stores. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.

MarketRank

Overall MarketRank

1.09 out of 5 stars

Auto/Tires/Trucks Sector

80th out of 128 stocks

Motor Vehicles & Car Bodies Industry

24th out of 38 stocks

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

Industry, Sector and Symbol

Industry Motor vehicles & car bodies
Sub-IndustryN/A
Current SymbolNASDAQ:SOLO
CUSIPN/A
CIKN/A
Phone604-428-7656
Employees63

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

Market Cap$616.96 million
Next Earnings Date3/24/2021 (Estimated)
OptionableNot Optionable
$7.55
-0.36 (-4.55 %)
(As of 01/15/2021 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 price been impacted by Coronavirus?

Electrameccanica Vehicles' stock was trading at $1.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SOLO shares have increased by 387.1% and is now trading at $7.55.
View which stocks have been most impacted by COVID-19
.

Is Electrameccanica Vehicles a buy right now?

5 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 and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Electrameccanica Vehicles stock.
View analyst ratings for Electrameccanica Vehicles
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Electrameccanica Vehicles?

Wall Street analysts have given Electrameccanica Vehicles a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Electrameccanica Vehicles wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Electrameccanica Vehicles' next earnings date?

Electrameccanica Vehicles is scheduled to release its next quarterly earnings announcement on Wednesday, March 24th 2021.
View our earnings forecast for Electrameccanica Vehicles
.

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) released its quarterly earnings data on Tuesday, November, 10th. The company reported ($0.09) earnings per share for the quarter, meeting the consensus estimate of ($0.09). The company had revenue of $0.25 million for the quarter, compared to analyst estimates of $0.07 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?

5 brokerages have issued 12 month price objectives for Electrameccanica Vehicles' shares. Their forecasts range from $4.00 to $12.25. On average, they expect Electrameccanica Vehicles' share price to reach $8.42 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
View analysts' price targets for Electrameccanica Vehicles
or view Wall Street analyst' top-rated stocks.

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), Sorrento Therapeutics (SRNE), Blink Charging (BLNK), Micron Technology (MU), Workhorse Group (WKHS), Pfizer (PFE), NVIDIA (NVDA) and Carnival Co. & (CCL).

Who are Electrameccanica Vehicles' key executives?

Electrameccanica Vehicles' management team includes the following people:
  • Mr. Michael Paul Rivera, CEO & Director (Age 53)
  • Mr. Henry Reisner, Co-Founder, COO, Pres & Director (Age 57)
  • Mr. Jerry Kroll, Co-Founder & Director (Age 59)
  • Ms. Baljinder K. Bhullar, CFO & Director (Age 51)
  • Mr. Isaac Moss B.Sc, M.Pub. Admin., Chief Admin. Officer & Company Sec. (Age 68)

What is Electrameccanica Vehicles' stock symbol?

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

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 WeBull, 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 $7.55.

How big of a company is Electrameccanica Vehicles?

Electrameccanica Vehicles has a market capitalization of $616.96 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 1/17/2021 by MarketBeat.com Staff

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