Vicinity Motor (NASDAQ:VEV) Earns “Sell” Rating from Alliance Global Partners

Alliance Global Partners reissued their sell rating on shares of Vicinity Motor (NASDAQ:VEV) in a research report report published on Friday, Benzinga reports.

Vicinity Motor Stock Down 23.6 %

Shares of VEV stock opened at $0.05 on Friday. Vicinity Motor has a 12 month low of $0.04 and a 12 month high of $0.97. The firm has a market cap of $2.37 million, a PE ratio of -0.13 and a beta of 0.44. The stock has a 50 day moving average of $0.13 and a 200-day moving average of $0.44.

Vicinity Motor Company Profile

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc and changed its name to Vicinity Motor Corp.