NeoVolta (NEOV) to Release Quarterly Earnings on Wednesday

NeoVolta (NASDAQ:NEOV) is scheduled to issue its earnings results after the market closes on Wednesday, November 27th.

NeoVolta (NASDAQ:NEOV) last posted its earnings results on Friday, November 8th. The company reported ($0.03) EPS for the quarter. NeoVolta had a negative return on equity of 58.84% and a negative net margin of 114.93%. The firm had revenue of $0.59 million for the quarter.

NeoVolta Stock Up 1.1 %

NASDAQ NEOV opened at $5.31 on Wednesday. NeoVolta has a 12-month low of $0.63 and a 12-month high of $6.11. The firm has a market cap of $177.14 million, a P/E ratio of -59.00 and a beta of -1.99. The company’s 50 day moving average is $3.50 and its 200-day moving average is $2.98.

Wall Street Analysts Forecast Growth

Separately, Maxim Group upped their target price on shares of NeoVolta from $4.75 to $7.50 and gave the stock a “buy” rating in a research report on Wednesday, November 13th.

NeoVolta Company Profile

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.