GreenPower Motor (CVE:GPV) Lifted to “Strong-Buy” at R. F. Lafferty

R. F. Lafferty upgraded shares of GreenPower Motor (CVE:GPV) to a strong-buy rating in a research note issued to investors on Wednesday morning, Zacks.com reports.

GreenPower Motor Price Performance

Shares of GPV stock opened at C$2.20 on Wednesday. The firm’s 50 day moving average price is C$1.40 and its two-hundred day moving average price is C$1.90. The company has a debt-to-equity ratio of 204.48, a quick ratio of 0.25 and a current ratio of 1.61. GreenPower Motor has a 52-week low of C$1.01 and a 52-week high of C$5.09. The stock has a market cap of C$58.28 million, a PE ratio of -1.93 and a beta of 3.99.

GreenPower Motor (CVE:GPV) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C($0.29) earnings per share (EPS) for the quarter, beating 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, analysts forecast that GreenPower Motor will post 0.0647549 EPS 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.