NASDAQ:SOLOElectrameccanica Vehicles Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Electrameccanica Vehicles Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.39 -0.02 (-1.42 %) (As of 06/4/2020 09:59 AM ET) Add Compare Share Today's Range$1.30Now: $1.39▼$1.5150-Day Range$0.91MA: $1.03▼$1.1852-Week Range$0.89Now: $1.39▼$3.25Volume3.68 million shsAverage Volume1.75 million shsMarket Capitalization$53.22 millionP/E RatioN/ADividend YieldN/ABeta1.65 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInstitutional OwnershipHeadlinesSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingElectrameccanica Vehicles has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, Electrameccanica Vehicles has a potential upside of 207.7% from its current price of $1.30.Amount of Analyst CoverageElectrameccanica Vehicles has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesElectrameccanica Vehicles has received 88 “outperform” votes. (Add your “outperform” vote.)Underperform VotesElectrameccanica Vehicles has received 103 “underperform” votes. (Add your “underperform” vote.)Community SentimentElectrameccanica Vehicles has received 53.93% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldElectrameccanica Vehicles does not currently pay a dividend.Dividend GrowthElectrameccanica Vehicles does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Electrameccanica Vehicles insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.89% of the stock of Electrameccanica Vehicles is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Electrameccanica Vehicles is -5.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Electrameccanica Vehicles is -5.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioElectrameccanica Vehicles has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.13 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Motor vehicles & car bodies Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:SOLO Previous Symbol CUSIPN/A CIKN/A Webwww.electrameccanica.com Phone604-428-7656Debt Debt-to-Equity Ratio0.04 Current Ratio4.55 Quick Ratio4.32Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$580,000.00 Price / Sales91.76 Cash FlowN/A Price / Cash FlowN/A Book Value$0.39 per share Price / Book3.56Profitability EPS (Most Recent Fiscal Year)($0.64) Net Income$-23,170,000.00 Net Margins-1,527.14% Return on Equity-83.31% Return on Assets-56.86%Miscellaneous Employees63 Outstanding Shares38,290,000Market Cap$53.22 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable NASDAQ:SOLO Rates by TradingView Receive SOLO News and Ratings via Email Sign-up to receive the latest news and ratings for SOLO and its competitors with MarketBeat's FREE daily newsletter. Electrameccanica Vehicles (NASDAQ:SOLO) Frequently Asked Questions How has Electrameccanica Vehicles' stock been impacted by COVID-19 (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 stock has decreased by 16.1% and is now trading at $1.30. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Electrameccanica Vehicles? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last year. There are currently 1 hold rating and 2 buy ratings 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 Thursday, August 13th 2020. View our earnings forecast for Electrameccanica Vehicles. How were Electrameccanica Vehicles' earnings last quarter? Electrameccanica Vehicles Corp (NASDAQ:SOLO) posted its quarterly earnings data on Tuesday, May, 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.03. The company earned $0.09 million during the quarter, compared to analyst estimates of $0.08 million. Electrameccanica Vehicles had a negative net margin of 1,527.14% and a negative return on equity of 83.31%. View Electrameccanica Vehicles' earnings history. What price target have analysts set for SOLO? 3 brokerages have issued 12 month price objectives for Electrameccanica Vehicles' stock. Their forecasts range from $4.00 to $4.00. On average, they expect Electrameccanica Vehicles' stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 207.7% from the stock's current price. View analysts' price targets for Electrameccanica Vehicles. Has Electrameccanica Vehicles been receiving favorable news coverage? News coverage about SOLO stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Electrameccanica Vehicles earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the immediate future. View the latest news aboutElectrameccanica Vehicles. Are investors shorting Electrameccanica Vehicles? Electrameccanica Vehicles saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,030,000 shares, a drop of 28.5% from the April 15th total of 1,440,000 shares. Based on an average trading volume of 351,400 shares, the days-to-cover ratio is presently 2.9 days. Currently, 5.2% of the company's shares 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 Toyota Motor (TM), Tesla (TSLA), VOLKSWAGEN AG/ADR (VWAGY), Honda Motor (HMC), Daimler (DDAIF), General Motors (GM), Ferrari (RACE), VOLVO AB/ADR (VLVLY), PACCAR (PCAR), Ford Motor (F), Fiat Chrysler Automobiles (FCAU), Hyundai Motor (HYMLF), SUBARU CORP/ADR (FUJHY), Nissan Motor (NSANY) and PEUGEOT SA/ADR (PUGOY). View all 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), InterDigital Wireless (IDCC), Bank of Hawaii (BOH), Aurora Cannabis (ACB), Canopy Growth (CGC), Aphria (APHA), Stag Industrial (STAG), American Airlines Group (AAL), Coty (COTY) and Cronos Group (CRON). 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 a variety of institutional and retail investors. Top institutional investors include Advisor Group Holdings Inc. (0.07%). Which institutional investors are buying Electrameccanica Vehicles stock? SOLO stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc.. 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 $1.30. How big of a company is Electrameccanica Vehicles? Electrameccanica Vehicles has a market capitalization of $49.78 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 6/4/2020 by MarketBeat.com Staff
