GreenPower Motor (CVE:GPV) Stock Falls 7.9% – Time to Sell?

GreenPower Motor Company Inc. (CVE:GPV – Get Free Report) was down 7.9% during mid-day trading on Tuesday. The stock traded as low as C$2.03 and last traded at C$2.10. 10,246 shares changed hands during trading, an increase of 752% from the average daily volume of 1,202 shares. The stock had previously closed at C$2.28.

GreenPower Motor Trading Down 7.9%

The stock has a market cap of C$6.40 million, a price-to-earnings ratio of -0.34 and a beta of 3.68. The company has a quick ratio of 0.25, a current ratio of 1.33 and a debt-to-equity ratio of -254.33. The business’s 50 day simple moving average is C$2.10 and its 200 day simple moving average is C$2.10.

GreenPower Motor Company Profile

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GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation. It leases its vehicles to customers. GreenPower Motor Company Inc was founded in 2010 and is headquartered in Vancouver, Canada.

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