Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for vehicle electrification in North America. The company designs and manufactures battery modules, battery packs, and battery management system technologies; and provides non-recurring engineering services, such as design, prototype, and testing services. It serves commercial electric vehicle manufacturers, electric powertrain converters, electric watercraft manufacturers, fleet operators, and automobile, and recreational vehicle manufacturers. The company was founded in 2014 and is headquartered in Vernon, California.
Romeo Power Trading Down 5.6 %
NYSE:RMO traded down $0.04 during trading hours on Wednesday, reaching $0.73. The company's stock had a trading volume of 4,362,409 shares, compared to its average volume of 6,791,148. The firm has a market capitalization of $135.71 million, a price-to-earnings ratio of -0.58 and a beta of 1.47. The firm has a 50-day simple moving average of $0.59 and a 200-day simple moving average of $1.13. Romeo Power has a 1 year low of $0.44 and a 1 year high of $5.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.67 and a current ratio of 3.02.