|
|
Envirotech Vehicles Inc (NASDAQ: EVTV) |
|
Price: $0.2579
$0.01 
3.908%
|
| Day's High:
| $0.26
| Week Perf:
| 8.04 %
|
| Day's Low: |
$ 0.25 |
30 Day Perf: |
-4.38 % |
| Volume (M): |
79 |
52 Wk High: |
$ 2.61 |
| Volume (M$): |
$ 20 |
52 Wk Avg: |
$1.33 |
| Open: |
$0.25 |
52 Wk Low: |
$0.23 |
|
|
| Market Capitalization (Millions $) |
4 |
| Shares
Outstanding (Millions) |
16 |
| Employees |
43 |
| Revenues (TTM) (Millions $) |
2 |
| Net Income (TTM) (Millions $) |
-9 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Envirotech Vehicles Inc
Envirotech Vehicles Inc. is a company that specializes in producing environmentally-friendly vehicles. They are committed to developing clean energy solutions and reducing the carbon footprint of transportation. The company offers a range of electric and hybrid vehicles that aim to minimize emissions and promote sustainability. Envirotech Vehicles Inc. is dedicated to providing eco-friendly transportation options without compromising on performance and quality.
Company Address: 7510 Ardmore Street Houston 77054 TX
Company Phone Number: 970-3355 Stock Exchange / Ticker: NASDAQ EVTV
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
| Envirotech Vehicles Inc
In the January to March 31, 2024, interval, Envirotech Vehicles Inc (EVI) faced a widening loss per share compared to the previous year, while experiencing significant revenue growth. The company's financial results have caught the attention of Wall Street analysts, who seek to understand the context behind these figures and its impact on EVI's stock performance.
Growing Losses:
EVI's loss per share has risen from $-0.15 in the previous year to $-0.29 per share in the current period, reflecting a substantial increase. Additionally, the company experienced a sequential increase in losses, with -$0.21 per share in the previous quarter to -$0.29 per share now. These numbers indicate mounting challenges for EVI, raising concerns about its financial stability.
|
| Envirotech Vehicles Inc
Investors in Envirotech Vehicles Inc have reason to be optimistic as the company showed significant improvement in its financial performance in the fourth quarter of 2023. The company was able to decrease its loss per share to $-0.21 from $-2.56 in the same period a year prior, making it a remarkable achievement.
Despite a sharp drop in revenue by -90.356%, Envirotech Vehicles Inc reported a net deficit of $-3.174 million, a major improvement from the deficit of $-38.367 million in the comparable reporting period a year ago. The company's EPS improved to $-0.40 per share, compared to $-0.21 in the preceding reporting period.
The company's inventories have declined, which is a positive sign for the company's operations. Additionally, the decrease in accounts receivable may be indicative of slowing demand, but it still suggests a level of financial health.
Envirotech Vehicles Inc also reported a fiscal year 2023 revenue of $2.01 million, marking a significant achievement for the company.
In the Auto & Truck Parts industry, the company was able to decrease its deficit per share to $-0.84 from $-2.92 in the preceding fiscal year, despite a decrease in revenue by -46.26%. This shows the company's ability to manage its financials effectively and improve its performanceOverall, Envirotech Vehicles Inc has shown resilience and progress in its financials, which should be encouraging for investors. With a focus on improving its financial performance and managing its operations efficiently, the company is poised for growth in the future.
|
| Envirotech Vehicles Inc
Envirotech Vehicles Inc, a company that specializes in environmentally-friendly vehicles, has recently experienced significant fluctuations in its stock performance. Over the past seven days, the company's shares have gained 12.78%, indicating positive investor sentiment. However, when compared to the previous year, Envirotech Vehicles Inc shares have declined by a significant 46.21%, showcasing a challenging market environment for the company.
Currently, Envirotech Vehicles Inc shares are trading on the NASDAQ at a value that is 39.7% below its 52-week average. This indicates that the stock is undervalued in the market, potentially presenting an opportunity for investors to buy in at a relatively lower price.
However, the company has recently declared a disastrous third quarter for 2023, with a significant decline in revenue. Revenue has plummeted by 90.282% to just $0.10 million compared to the same reporting period in the previous year. Additionally, the net loss per share has expanded to $-0.40, indicating a deteriorating financial performance compared to the previous reporting season.
|
| Envirotech Vehicles Inc
Envirotech Vehicles Inc (EVTV), a company operating in the Auto & Truck Parts industry, recently announced a significant surge in revenue by 24.775% to $1.88 million in the most recent fiscal period. However, despite this positive revenue growth, the company's financials reveal a concerning deficit that has extended to -$0.08 per share.
While EVTV's revenue growth outpaced its industry peers in the second quarter of 2023, with most companies in the Auto & Truck Parts sector reporting an average revenue increase of 8.59% compared to the same period in the previous year, the company's bottom line paints a different picture. The EPS only slightly improved from -$0.15 per share, and the revenue more than doubled by 259.136% from $0.52 million. These figures indicate that EVTV's profitability is still an area of concern.
|
| Per Share |
Current |
| Earnings (TTM) |
-0.55 $ |
| Revenues (TTM) |
0.12 $
|
| Cash Flow (TTM) |
0.09 $ |
| Cash |
0.12 $
|
| Book Value |
1.3 $
|
| Dividend (TTM) |
0 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
-0.55 $
|
| Revenues (TTM) |
0.12 $ |
| Cash Flow (TTM) |
0.09 $ |
| Cash |
0.12 $
|
| Book Value |
1.3 $ |
| Dividend (TTM) |
0 $ |
|
|
|
|
6.18%