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

GreenPower Motor Company Inc. (CVE:GPVGet Free Report) rose 38.1% during trading on Saturday . The stock traded as high as C$1.56 and last traded at C$1.56. Approximately 200,945 shares were traded during mid-day 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 Stock Up 38.1 %

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

About GreenPower Motor

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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.

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