Envirotech Vehicles (NASDAQ:EVTV) Trading 0.6% Higher – Time to Buy?

Envirotech Vehicles, Inc. (NASDAQ:EVTV)’s stock price shot up 0.6% during trading on Tuesday . The company traded as high as $1.93 and last traded at $1.71. 2,578,252 shares were traded during mid-day trading, an increase of 148% from the average session volume of 1,040,399 shares. The stock had previously closed at $1.70.

Analyst Upgrades and Downgrades

EVTV has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Envirotech Vehicles in a report on Thursday, January 22nd. Wall Street Zen lowered shares of Envirotech Vehicles to a “strong sell” rating in a research report on Saturday, February 7th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Envirotech Vehicles Stock Down 6.0%

The company has a 50-day simple moving average of $1.97 and a 200 day simple moving average of $1.60.

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. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.