GreenPower Motor (CVE:GPV) Shares Up 38.1% – What’s Next?

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

GreenPower Motor Stock Up 38.1 %

The company has a debt-to-equity ratio of 204.48, a current ratio of 1.61 and a quick ratio of 0.25. The firm’s 50 day moving average is C$1.20 and its two-hundred day moving average is C$1.43. The firm has a market capitalization of C$41.32 million, a P/E ratio of -1.38 and a beta of 4.07.

About GreenPower Motor

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.