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Followed 121 Times  
NASDAQ:SOLO

Electrameccanica Vehicles - SOLO Stock Forecast, Price & News

$1.87
+0.18 (+10.65%)
(As of 08/15/2022 03:23 PM ET)
Add
Compare
Today's Range
$1.69
▼
$1.87
50-Day Range
$1.24
▼
$1.69
52-Week Range
$1.22
▼
$4.10
Volume
52,622 shs
Average Volume
1.68 million shs
Market Capitalization
$221.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Electrameccanica Vehicles MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
13.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Electrameccanica Vehicles in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.56) to ($0.35) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.06 out of 5 stars

Auto/Tires/Trucks Sector

107th out of 111 stocks

Motor Vehicles & Car Bodies Industry

33rd out of 33 stocks

See Top Rated MarketRank™ Stocks Here
SOLO stock logo

About Electrameccanica Vehicles (NASDAQ:SOLO) Stock

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 Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.

Electrameccanica Vehicles Stock Performance

Shares of Electrameccanica Vehicles stock opened at $1.69 on Monday. Electrameccanica Vehicles has a 52-week low of $1.22 and a 52-week high of $4.10. The stock has a market capitalization of $200.45 million, a price-to-earnings ratio of -2.91 and a beta of 2.37. The company has a fifty day moving average of $1.44 and a 200-day moving average of $1.75.

Electrameccanica Vehicles (NASDAQ:SOLO - Get Rating) last announced its quarterly earnings data on Thursday, May 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.02). The business had revenue of $1.04 million during the quarter, compared to analysts' expectations of $2.05 million. Electrameccanica Vehicles had a negative net margin of 1,613.39% and a negative return on equity of 28.27%. On average, equities research analysts forecast that Electrameccanica Vehicles will post -0.56 earnings per share for the current fiscal year.

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SOLO Stock News Headlines

August 11, 2022 | finance.yahoo.com
ElectraMeccanica Vehicles Corp. (SOLO) Reports Q2 Loss, Misses Revenue Estimates
August 11, 2022 | finance.yahoo.com
ElectraMeccanica Reports Second Quarter 2022 Financial Results
August 15, 2022 | Investing Trends (Ad)
Copper Exploration Heating Up
Canada is already known as a miner's paradise. But British Columbia (BC) is quietly becoming the new copper hotspot. That's because copper is critical to the world's shift to renewable energy. Biden earmarked $226 billion in new infrastructure projects all requiring copper.
August 1, 2022 | finance.yahoo.com
ElectraMeccanica Reports AGM Results
July 25, 2022 | finance.yahoo.com
Will Electrameccanica Vehicles (NASDAQ:SOLO) Spend Its Cash Wisely?
July 24, 2022 | americanbankingnews.com
Electrameccanica Vehicles (NASDAQ:SOLO) Stock Price Down 3.3%
July 22, 2022 | bizjournals.com
East Valley facility fetches one of the highest industrial sale prices this year
July 16, 2022 | finance.yahoo.com
Why ElectraMeccanica Vehicles Dropped 11% Today
August 15, 2022 | Investing Trends (Ad)
Copper Exploration Heating Up
Canada is already known as a miner's paradise. But British Columbia (BC) is quietly becoming the new copper hotspot. That's because copper is critical to the world's shift to renewable energy. Biden earmarked $226 billion in new infrastructure projects all requiring copper.
July 15, 2022 | morningstar.com
Electrameccanica Vehicles Corp Ltd - Stock Chart
July 2, 2022 | finance.yahoo.com
A Look At The Fair Value Of Electrameccanica Vehicles Corp. (NASDAQ:SOLO)
June 21, 2022 | forbes.com
As Markets Bet Billions On EV Uptake, Automakers Steer Towards Sustainable Supply Chains
May 31, 2022 | finanznachrichten.de
Microsmallcap.com: A Severe EV Battery Shortage Could Happen in Less Than 3 Years
May 25, 2022 | nasdaq.com
Electrameccanica Stock: Going Big on Tiny Cars
May 13, 2022 | proactiveinvestors.com
ElectraMeccanica Vehicles says 1Q revenue jumped over 400%
May 12, 2022 | finance.yahoo.com
ElectraMeccanica Reports First Quarter 2022 Financial Results
May 11, 2022 | proactiveinvestors.com
ElectraMeccanica Vehicles to showcase its SOLO Cargo EV at Chicago show from May 21-24, 2022
May 11, 2022 | finance.yahoo.com
ElectraMeccanica’s SOLO Cargo EV to Debut at Chicago’s National Restaurant Association Show, May 21-24, 2022
May 5, 2022 | finance.yahoo.com
Market Sentiment Around Loss-Making Electrameccanica Vehicles Corp. (NASDAQ:SOLO)
April 27, 2022 | msn.com
I drove an $18,500, 3-wheel electric car with 1 seat and big dreams
April 27, 2022 | benzinga.com
UK Car Sales Leap 28% in January Thanks to Surging Electric Vehicles Demand
April 7, 2022 | finance.yahoo.com
ElectraMeccanica Appoints Automotive Veteran, William Quigley III, to Board of Directors
April 4, 2022 | finance.yahoo.com
Shareholders in Electrameccanica Vehicles (NASDAQ:SOLO) are in the red if they invested a year ago
April 4, 2022 | finance.yahoo.com
ElectraMeccanica Announces New York Drive Event on April 13-14, 2022
March 30, 2022 | seekingalpha.com
ElectraMeccanica Vehciles picks automotive industry veteran for COO role
March 30, 2022 | finance.yahoo.com
ElectraMeccanica Appoints Seasoned Automotive Executive Joseph R. Mitchell as Chief Operating Officer
March 23, 2022 | proactiveinvestors.com
ElectraMeccanica sees 2021 revenue surge on initial sales of SOLO electric cars
See More Headlines
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SOLO Company Calendar

Last Earnings
3/22/2021
Today
8/15/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Sector
Auto/Tires/Trucks
Current Symbol
NASDAQ:SOLO
CUSIP
N/A
CIK
1637736
Web
www.electrameccanica.com
Phone
(604) 428-7656
Fax
N/A
Employees
216
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
($0.58)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-41,330,000.00
Net Margins
-1,613.39%
Pretax Margin
-1,613.38%
Return on Equity
-29.25%
Return on Assets
-27.66%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
24.64
Quick Ratio
23.61

Sales & Book Value

Annual Sales
$2.10 million
Price / Sales
105.62
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.15 per share
Price / Book
0.87

Miscellaneous

Outstanding Shares
118,611,000
Free Float
N/A
Market Cap
$221.80 million
Optionable
Not Optionable
Beta
2.37

Key Executives

  • Mr. Kevin Jerome Pavlov (Age 57)
    Pres, CEO & Director
    Comp: $774.62k
  • Mr. Jerry Kroll (Age 60)
    Co-Founder & Director
    Comp: $79.06k
  • Ms. Baljinder K. Bhullar CGA (Age 52)
    CPA, CRM, CFO & Director
    Comp: $463.87k
  • Mr. Isaac Moss B.Sc (Age 69)
    M.Pub. Admin., M.Sc., Chief Admin. Officer & Company Sec.
    Comp: $483.15k
  • Mr. Joseph R. Mitchell (Age 61)
    Chief Operating Officer
  • Ms. Kim Anne Brink (Age 55)
    Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SOLO Stock - Frequently Asked Questions

How have SOLO shares performed in 2022?

Electrameccanica Vehicles' stock was trading at $2.28 at the beginning of the year. Since then, SOLO shares have decreased by 25.9% and is now trading at $1.69.
View the best growth stocks for 2022 here.

When is Electrameccanica Vehicles' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our SOLO earnings forecast.

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) released its quarterly earnings results on Monday, March, 22nd. The company reported ($0.50) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.37. The firm had revenue of $0.22 million for the quarter, compared to the consensus estimate of $0.16 million. Electrameccanica Vehicles had a negative trailing twelve-month return on equity of 28.27% and a negative net margin of 1,613.39%.

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).

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 a number of retail and institutional investors. Top institutional investors include Baird Financial Group Inc. (0.72%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.34%), Vontobel Holding Ltd. (0.18%), OLD Mission Capital LLC (0.08%), Sculptor Capital LP (0.00%) and Apollon Wealth Management LLC (0.04%).

How do I buy shares of Electrameccanica Vehicles?

Shares of SOLO stock 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.
Compare Top Brokerages Here.

What is Electrameccanica Vehicles' stock price today?

One share of SOLO stock can currently be purchased for approximately $1.69.

How much money does Electrameccanica Vehicles make?

Electrameccanica Vehicles (NASDAQ:SOLO) has a market capitalization of $200.45 million and generates $2.10 million in revenue each year. The company earns $-41,330,000.00 in net income (profit) each year or ($0.58) on an earnings per share basis.

How many employees does Electrameccanica Vehicles have?

The company employs 216 workers across the globe.

How can I contact Electrameccanica Vehicles?

Electrameccanica Vehicles' mailing address is 102 EAST 1ST AVENUE, VANCOUVER A1, V5T 1A4. The official website for the company is www.electrameccanica.com. The company can be reached via phone at (604) 428-7656 or via email at info@electrameccanica.com.

This page (NASDAQ:SOLO) was last updated on 8/15/2022 by MarketBeat.com Staff

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