Wall Street Zen upgraded shares of Twin Vee Powercats (NASDAQ:VEEE – Free Report) to a sell rating in a research report sent to investors on Saturday.
Twin Vee Powercats Stock Down 2.3%
Shares of VEEE stock opened at $2.17 on Friday. Twin Vee Powercats has a 1-year low of $2.05 and a 1-year high of $9.30. The stock’s fifty day moving average price is $2.66 and its 200 day moving average price is $3.56. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.00 and a quick ratio of 3.13. The company has a market cap of $3.23 million, a price-to-earnings ratio of -2.07 and a beta of 0.98.
Twin Vee Powercats (NASDAQ:VEEE – Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.71) earnings per share for the quarter. Twin Vee Powercats had a negative return on equity of 28.19% and a negative net margin of 54.41%. The business had revenue of $3.61 million for the quarter.
Twin Vee Powercats Company Profile
Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.
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