REE Automotive Ltd. (REE): Price and Financial Metrics
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REE Price/Volume Stats
| Current price | $0.61 | 52-week high | $7.49 |
| Prev. close | $0.56 | 52-week low | $0.47 |
| Day low | $0.57 | Volume | 743,100 |
| Day high | $0.63 | Avg. volume | 1,326,694 |
| 50-day MA | $0.62 | Dividend yield | N/A |
| 200-day MA | $1.37 | Market Cap | 196.79M |
REE Automotive Ltd. (REE) Company Bio
REE Automotive Ltd. is an electronic platform, which develops the next generation EV platform, which is flat, scalable, and modular providing customers full design freedom to create a range of EV and autonomous vehicles for current and future applications. It manufactures zero-emission vehicles. The firm operates through the following segments: Last Mile Delivery/Robotaxi, MaaS, E-Shuttle, and Mid Mile Delivery. The company was founded by Daniel Barel and Ahishay Sardes on January 16, 2011 and is headquartered in Herzliya, Israel.
Latest REE News From Around the Web
Below are the latest news stories about REE AUTOMOTIVE LTD that investors may wish to consider to help them evaluate REE as an investment opportunity.
REE Automotive Shares Gain After Q3 Results; Has Sufficient Liquidity For Initial Production Of P7 PlatformREE Automotive Ltd (NASDAQ: REE) reported a third-quarter FY22 net loss of $(33.5) million versus a net loss of $(414.9) million the previous year. The decrease in GAAP net loss Y/Y is mainly attributed to lower share-based compensation expenses. The company's loss widened from $(25.2) million in 2Q22, driven by lower income from the remeasurement of warrants and increased operating expenses, including transaction costs. Non-GAAP EPS loss of $(0.09), beat the consensus of $(0.10). The non-GAAP o |
REE Automotive Announces Third Quarter 2022 Financial ResultsCommercialization phase underway with first orders; on track and on budget for start of productionCompany Recently Received Multiple Orders for Proxima Powered by REE and P7-B Box Trucks from Some of the Largest Fleets in the US Company Expects Additional Test Fleet Orders for Proxima Powered by REE and P7-B Trucks in the Coming MonthsOn Budget for 2H23 Start of Production with Integration Center Build Out, Design and Engineering on Time Company’s Liquidity Position Sufficient to Commercialize P |
REE Automotive Ltd. Updates That It Has Received Nasdaq Notification Regarding Minimum Bid Price RequirementTEL-AVIV, Israel, Nov. 10, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms, received a notification on November 7, 2022 from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it no longer satisfies Nasdaq Listing Rule 5450(a)(1) because for the past 30 consecutive business days preceding the date of the notification (“Notice”), the bid price per share of the Company’s Clas |
REE Automotive, Ltd. Announces Date for Third Quarter 2022 Earnings Release and Conference CallTEL-AVIV, Israel, Nov. 02, 2022 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle platforms, announced today that the Company will release its third quarter 2022 financial results before the NASDAQ market opens on Wednesday, November 16, 2022. A webcast and conference call will be held on the same date at 8:30 a.m. Eastern time to review the Company’s results, discuss recent events and conduct a quest |
REE Automotive Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to WarrantsTEL AVIV, Israel, Sept. 23, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, announced today the expiration and results of its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase Class A ordinary shares of the Company, without par value (the “Class A ordinary shares”), w |
REE Price Returns
| 1-mo | 6.96% |
| 3-mo | N/A |
| 6-mo | -59.06% |
| 1-year | -84.79% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | -89.01% |
| 2021 | N/A |
| 2020 | N/A |
| 2019 | N/A |
| 2018 | N/A |
| 2017 | N/A |
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