NeoVolta (NEOV) Scheduled to Post Earnings on Wednesday

NeoVolta (NASDAQ:NEOV) will be announcing its earnings results after the market closes on Wednesday, November 27th.

NeoVolta (NASDAQ:NEOV) last released its earnings results on Friday, November 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. NeoVolta had a negative net margin of 114.93% and a negative return on equity of 58.84%. The business had revenue of $0.59 million during the quarter.

NeoVolta Stock Up 5.6 %

Shares of NEOV stock opened at $5.80 on Monday. NeoVolta has a 12 month low of $0.63 and a 12 month high of $6.11. The firm has a market cap of $193.50 million, a PE ratio of -64.44 and a beta of -1.99. The stock has a 50 day moving average of $3.61 and a 200-day moving average of $3.04.

Wall Street Analyst Weigh In

Separately, Maxim Group upped their target price on shares of NeoVolta from $4.75 to $7.50 and gave the company a “buy” rating in a research note on Wednesday, November 13th.

About NeoVolta

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.