Envirotech Vehicles (NASDAQ:EVTV) Issues Quarterly Earnings Results

Envirotech Vehicles (NASDAQ:EVTV) released its earnings results on Wednesday. The company reported ($0.86) earnings per share (EPS) for the quarter, Zacks reports.

Envirotech Vehicles Price Performance

EVTV traded up $0.02 during trading hours on Friday, reaching $1.02. The company’s stock had a trading volume of 31,614 shares, compared to its average volume of 179,919. The stock has a market cap of $3.58 million, a PE ratio of -0.10 and a beta of 3.03. Envirotech Vehicles has a fifty-two week low of $0.98 and a fifty-two week high of $16.76. The business’s 50-day moving average is $1.61 and its 200-day moving average is $1.88.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on EVTV shares. Wall Street Zen upgraded shares of Envirotech Vehicles to a “sell” rating in a research report on Saturday, October 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Envirotech Vehicles in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Envirotech Vehicles Company Profile

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks.