GreenPower Motor (CVE:GPV) Stock Price Down 7.9% – Here’s What Happened

Shares of GreenPower Motor Company Inc. (CVE:GPV) 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 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 Stock Performance

The business’s 50-day moving average price is C$2.10 and its 200-day moving average price is C$2.60. The company has a debt-to-equity ratio of -254.33, a quick ratio of 0.25 and a current ratio of 1.33. The stock has a market cap of C$6.40 million, a P/E ratio of -0.34 and a beta of 3.68.

GreenPower Motor Company Profile

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.