Volcon (NASDAQ:EMPD) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Volcon (NASDAQ:EMPD) from a sell rating to a hold rating in a research note released on Saturday.

EMPD has been the topic of a number of other research reports. Aegis upgraded shares of Volcon to a “strong-buy” rating in a report on Monday, April 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Volcon in a report on Monday, April 20th. Finally, Zacks Research upgraded shares of Volcon to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Volcon has a consensus rating of “Hold”.

Volcon Price Performance

Shares of EMPD opened at $5.11 on Friday. The stock has a market cap of $143.64 million, a PE ratio of -0.61 and a beta of -0.45. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.26 and a current ratio of 2.03. Volcon has a fifty-two week low of $3.18 and a fifty-two week high of $44.09. The firm’s 50-day simple moving average is $4.69 and its two-hundred day simple moving average is $4.76.

Volcon (NASDAQ:EMPD) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $0.23 million during the quarter. Volcon had a negative return on equity of 62.90% and a negative net margin of 1,795.76%. Analysts anticipate that Volcon will post -0.42 earnings per share for the current fiscal year.

Volcon Company Profile

Volcon, Inc (NASDAQ: EMPD) is a Texas‐based powersports company specializing in the design, development and distribution of electric off-road vehicles. Headquartered in Austin, Volcon aims to introduce zero-emission solutions to the traditionally gas-powered UTV and dirt bike markets. The company’s modular vehicle platforms blend electric drivetrains with rugged chassis designs, targeting recreational and utility riders seeking sustainable alternatives for trail, sand and farm use.

Volcon’s product lineup includes the Stag, a side-by-side utility terrain vehicle (UTV) engineered for work and play; the Grunt, an entry-level electric dirt bike offering trail-ready performance; and the Ranger, a dual-purpose e-adventure motorcycle suited for longer off-road excursions.