Vision Marine Technologies (NASDAQ:VMAR) Posts Earnings Results, Beats Estimates By $22.75 EPS

Vision Marine Technologies (NASDAQ:VMAR) issued its earnings results on Monday. The company reported ($1.43) earnings per share for the quarter, topping the consensus estimate of ($24.18) by $22.75, Zacks reports. Vision Marine Technologies had a negative return on equity of 206.29% and a negative net margin of 419.71%.

Vision Marine Technologies Price Performance

VMAR opened at $1.64 on Tuesday. Vision Marine Technologies has a twelve month low of $1.30 and a twelve month high of $136.35. The company has a current ratio of 1.50, a quick ratio of 0.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $1.28 million, a price-to-earnings ratio of -0.01 and a beta of -0.09. The company has a fifty day simple moving average of $2.06 and a 200 day simple moving average of $3.36.

Vision Marine Technologies Company Profile

Vision Marine Technologies Inc designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; maintenance, repair, and customer support services; as well as manufactures customized boats.