Phoenix Motor (NASDAQ:PEV) Trading Up 2.2% – Time to Buy?

Shares of Phoenix Motor Inc. (NASDAQ:PEVGet Free Report) traded up 2.2% during trading on Tuesday . The company traded as high as $0.26 and last traded at $0.25. 286,301 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 1,635,105 shares. The stock had previously closed at $0.25.

Phoenix Motor Stock Performance

The company has a current ratio of 3.07, a quick ratio of 0.64 and a debt-to-equity ratio of 0.01. The company has a market cap of $9.51 million, a PE ratio of -0.81 and a beta of 1.27. The firm’s 50-day simple moving average is $0.29 and its two-hundred day simple moving average is $0.42.

About Phoenix Motor

(Get Free Report)

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.

Further Reading

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