Phoenix Motor (NASDAQ:PEV) Shares Down 4.1% – What’s Next?

Phoenix Motor Inc. (NASDAQ:PEVGet Free Report) dropped 4.1% on Monday . The company traded as low as $0.25 and last traded at $0.28. Approximately 1,464,917 shares were traded during trading, a decline of 55% from the average daily volume of 3,264,102 shares. The stock had previously closed at $0.29.

Phoenix Motor Trading Down 4.1 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.64 and a current ratio of 3.07. The firm has a market cap of $10.47 million, a price-to-earnings ratio of -0.90 and a beta of 1.30. The company’s 50-day moving average is $0.33 and its 200-day moving average is $0.43.

Phoenix Motor (NASDAQ:PEVGet Free Report) last posted its earnings results on Thursday, October 31st. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $12.03 million during the quarter.

About Phoenix Motor

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Phoenix Motor Inc designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans.

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