Envirotech Vehicles (EVTV) to Release Earnings on Tuesday

Envirotech Vehicles (NASDAQ:EVTVGet Free Report) is projected to issue its results after the market closes on Tuesday, August 18th. Analysts expect Envirotech Vehicles to announce earnings of ($2.00) per share and revenue of $0.17 million for the quarter.

Envirotech Vehicles (NASDAQ:EVTVGet Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The company reported ($0.31) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.00) by $1.69. Envirotech Vehicles had a negative net margin of 382.71% and a negative return on equity of 1,284.22%. The business had revenue of $2.25 million for the quarter, compared to the consensus estimate of $0.17 million.

Envirotech Vehicles Trading Up 0.3%

Shares of NASDAQ:EVTV opened at $1.95 on Tuesday. The firm has a market cap of $25.16 million, a price-to-earnings ratio of -0.30 and a beta of 0.85. Envirotech Vehicles has a 1 year low of $0.33 and a 1 year high of $5.07. The business has a fifty day simple moving average of $1.79 and a 200 day simple moving average of $1.87.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings lowered Envirotech Vehicles from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, June 2nd. Wall Street Zen lowered Envirotech Vehicles from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on EVTV

Envirotech Vehicles Company Profile

(Get Free Report)

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.

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Earnings History for Envirotech Vehicles (NASDAQ:EVTV)

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