GreenPower Motor (CVE:GPV) Shares Down 7.9% – Time to Sell?

GreenPower Motor Company Inc. (CVE:GPV)’s stock price traded down 7.9% during mid-day trading on Tuesday . The company traded as low as C$2.03 and last traded at C$2.10. 10,246 shares changed hands during mid-day trading, an increase of 752% from the average session volume of 1,202 shares. The stock had previously closed at C$2.28.

GreenPower Motor Trading Down 7.9%

The business’s fifty day moving average price is C$2.10 and its 200 day moving average price is C$3.29. The company has a quick ratio of 0.25, a current ratio of 1.44 and a debt-to-equity ratio of 445.54. The firm has a market capitalization of C$6.40 million, a PE ratio of -0.34 and a beta of 3.68.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation. It leases its vehicles to customers. GreenPower Motor Company Inc was founded in 2010 and is headquartered in Vancouver, Canada.