Shares of The Lion Electrical Firm (NYSE: LEV – Get a score) have been given a median “Average Purchase” score by the 13 analysts who at the moment cowl the corporate, Marketbeat.com stories. One analysis analyst rated the inventory with a promote score, 4 assigned a maintain score and 7 issued a purchase score on the corporate. The 12-month common goal value amongst analysts who up to date their protection of the inventory prior to now yr is $9.54.
LEV has been the topic of various current analysis stories. B. Riley initiated Lion Electrical protection in a Tuesday, September 27 report. They issued a “purchase” score and a goal value of $5.00 on the inventory. Roth Capital launched protection on Lion Electrical in a Friday, June 10 report. They issued a “purchase” score and a goal value of $13.00 on the inventory. DA Davidson launched protection on Lion Electrical in a Tuesday, June 28 report. They issued a “purchase” score and a goal value of $7.00 on the inventory. Nationwide Bankshares lowered its value goal on Lion Electrical from $10.00 to $9.00 and set an “outperform” score for the inventory in a Monday, August 8 report. Lastly, Raymond James lower his value goal on Lion Electrical from $7.50 to $5.00 and set a “market efficiency” score for the corporate in a Monday, Aug. 8 analysis report.
Lion Electrical replenish 7.3%
Shares of NYSE: LEV opened at $3.07 on Tuesday. The corporate’s 50-day easy transferring common is $4.16 and its two-hundred-day easy transferring common is $5.31. The corporate has a market capitalization of $583.31 million, a P/E ratio of three.27 and a beta of two.24. The corporate has a debt ratio of 0.01, a fast ratio of 1.59 and a present ratio of three.57. Lion Electrical has a 52-week low of $2.82 and a 52-week excessive of $14.77.
Electrical Lion (NYSE: LEV – Get a score) final introduced its quarterly outcomes on Friday, August 5. The corporate reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01. The corporate posted income of $29.52 million for the quarter, versus analyst estimates of $30.38 million. Lion Electrical had a adverse return on fairness of 10.16% and a internet margin of 219.51%. As a gaggle, analysis analysts count on Lion Electrical to put up -0.29 EPS for the present fiscal yr.
Lion Electrical Institutional Buying and selling
Various giant traders have not too long ago purchased and bought shares of the corporate. Energy Corp of Canada purchased a brand new place in shares of Lion Electrical within the first quarter value $565,330,000. Richelieu Gestion PLC acquired a brand new place in shares of Lion Electrical within the first quarter with a price of $2,402,000. Harel Insurance coverage Investments & Monetary Companies Ltd. purchased a brand new place in shares of Lion Electrical within the second quarter value $74,000. CIBC World Markets Inc. elevated its place in Lion Electrical shares by 59.4% within the fourth quarter. CIBC World Markets Inc. now owns 221,963 shares of the corporate valued at $2,206,000 after buying a further 82,724 shares within the final quarter. Lastly, Invesco Ltd. elevated its place in Lion Electrical shares by 3.9% within the fourth quarter. Invesco Ltd. now owns 2,465,533 shares of the corporate valued at $24,507,000 after buying a further 91,445 shares final quarter. 43.83% of the shares are held by hedge funds and different institutional traders.
About Electrical Lion
The Lion Electrical Firm designs, develops, manufactures and distributes purpose-built all-electric medium and heavy-duty metropolis autos in North America. Its merchandise embrace battery techniques, chassis, bus our bodies and truck cabs. The corporate additionally distributes truck and bus components and equipment.
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