GreenPower Motor (CVE:GPV) Rating Increased to Strong-Buy at R. F. Lafferty

GreenPower Motor (CVE:GPV) was upgraded by investment analysts at R. F. Lafferty to a “strong-buy” rating in a report released on Wednesday, Zacks.com reports.

GreenPower Motor Trading Up 18.6 %

GreenPower Motor stock opened at C$1.91 on Wednesday. GreenPower Motor has a 12-month low of C$1.01 and a 12-month high of C$5.13. The firm has a market capitalization of C$50.60 million, a price-to-earnings ratio of -1.68 and a beta of 3.99. The firm has a 50 day moving average of C$1.39 and a 200 day moving average of C$1.90. The company has a current ratio of 1.61, a quick ratio of 0.25 and a debt-to-equity ratio of 204.48.

GreenPower Motor (CVE:GPV) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C($0.29) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.32) by C$0.03. GreenPower Motor had a negative net margin of 84.74% and a negative return on equity of 120.21%. The firm had revenue of C$4.10 million during the quarter, compared to analysts’ expectations of C$6.85 million. As a group, research analysts predict that GreenPower Motor will post 0.0647549 earnings per share for the current year.

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.