GreenPower Motor (CVE:GPV) Shares Up 38.1% – Here’s Why

GreenPower Motor Company Inc. (CVE:GPV)’s stock price was up 38.1% during mid-day trading on Saturday . The company traded as high as C$1.56 and last traded at C$1.56. Approximately 200,945 shares changed hands during trading, an increase of 358% from the average daily volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Price Performance

The company’s 50-day moving average price is C$1.20 and its 200-day moving average price is C$1.43. The company has a quick ratio of 0.25, a current ratio of 1.61 and a debt-to-equity ratio of 204.48. The firm has a market cap of C$41.32 million, a price-to-earnings ratio of -1.38 and a beta of 4.07.

GreenPower Motor Company Profile

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.