Electrameccanica Vehicles Corp. (SOLO): Price and Financial Metrics
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SOLO POWR Grades
- SOLO scores best on the Momentum dimension, with a Momentum rank ahead of 49.92% of US stocks.
- The strongest trend for SOLO is in Momentum, which has been heading down over the past 177 days.
- SOLO's current lowest rank is in the Quality metric (where it is better than 0.32% of US stocks).
SOLO Stock Summary
- SOLO's price/sales ratio is 23.85; that's higher than the P/S ratio of 94.47% of US stocks.
- With a year-over-year growth in debt of 753.89%, ELECTRAMECCANICA VEHICLES CORP's debt growth rate surpasses 97.4% of about US stocks.
- Revenue growth over the past 12 months for ELECTRAMECCANICA VEHICLES CORP comes in at 571.02%, a number that bests 98.13% of the US stocks we're tracking.
- Stocks with similar financial metrics, market capitalization, and price volatility to ELECTRAMECCANICA VEHICLES CORP are AYRO, CTSO, RNLX, FCEL, and STRM.
- Visit SOLO's SEC page to see the company's official filings. To visit the company's web site, go to www.electrameccanica.com.
SOLO Valuation Summary
- SOLO's price/earnings ratio is -1.5; this is 111.54% lower than that of the median Consumer Cyclical stock.
- SOLO's price/earnings ratio has moved up 5.5 over the prior 54 months.
Below are key valuation metrics over time for SOLO.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| SOLO | 2023-01-26 | 20.5 | 0.6 | -1.5 | 0.3 |
| SOLO | 2023-01-25 | 21.4 | 0.6 | -1.5 | 0.2 |
| SOLO | 2023-01-24 | 21.7 | 0.6 | -1.6 | 0.2 |
| SOLO | 2023-01-23 | 21.7 | 0.6 | -1.6 | 0.2 |
| SOLO | 2023-01-20 | 21.3 | 0.6 | -1.5 | 0.2 |
| SOLO | 2023-01-19 | 21.2 | 0.6 | -1.5 | 0.3 |
SOLO's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- SOLO has a Quality Grade of D, ranking ahead of 16.24% of graded US stocks.
- SOLO's asset turnover comes in at 0.005 -- ranking 58th of 68 Automobiles and Trucks stocks.
- BLBD, TEX, and HY are the stocks whose asset turnover ratios are most correlated with SOLO.
The table below shows SOLO's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.005 | -0.068 | -3.765 |
| 2021-03-31 | 0.005 | -0.189 | -4.127 |
| 2020-12-31 | 0.007 | -0.230 | -5.219 |
| 2020-09-30 | 0.012 | 0.004 | -2.292 |
| 2020-06-30 | 0.016 | 0.090 | -1.741 |
| 2020-03-31 | 0.024 | 0.093 | -0.734 |
SOLO Price Target
For more insight on analysts targets of SOLO, see our SOLO price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $9.15 | Average Broker Recommendation | 1.17 (Strong Buy) |
SOLO Stock Price Chart Interactive Chart >
SOLO Price/Volume Stats
| Current price | $1.08 | 52-week high | $2.44 |
| Prev. close | $1.11 | 52-week low | $0.57 |
| Day low | $1.07 | Volume | 602,800 |
| Day high | $1.13 | Avg. volume | 1,221,261 |
| 50-day MA | $0.93 | Dividend yield | N/A |
| 200-day MA | $1.30 | Market Cap | 128.10M |
Electrameccanica Vehicles Corp. (SOLO) Company Bio
Electrameccanica Vehicles Corp. engages in development and manufacture of electric vehicles. It operates through Electric Vehicles and Custom Build Vehicles segments. The Electric Vehicles segment develops and manufactures electric vehicles for mass markets. The Custom Build Vehicles segment offers high-end custom built vehicles
Latest SOLO News From Around the Web
Below are the latest news stories about ELECTRAMECCANICA VEHICLES CORP that investors may wish to consider to help them evaluate SOLO as an investment opportunity.
7 Sorry EV Stocks to Sell in February Before It’s Too LateEV stocks are back on the upswing. |
3 EV Penny Stocks Worth Picking Up for Under $1Very inexpensive EV penny stocks provide inherent intrigue due to secular growth catalysts that are likely to continue in 2023. |
3 EV Penny Stocks Worth Picking Up for Under $1Electric vehicles accounted for 10% of all new car sales in 2022. That makes EV penny stocks an exciting proposition for investors. These companies’ significant upside potential balances the risks posed by the fast-growing EV market. In short, any EV penny stocks under $1 below have a chance to develop a more robust market relative to its established competition, due to this sector’s strong overall growth trends. In the U.S., electric vehicles accounted for 5.8% of all cars sold in 2022. While o |
3 EV Stocks That Have Zero Chance of Making It to the Finish LineEV stocks that have been beaten down and might continue to trend lower as fundamentals remain weak and survival chances amidst competition are slim. |
3 Stocks That Are About to Get Absolutely SlaughteredThese stocks to sell seem overvalued, as their business models have failed to gain the significant traction they need. |
SOLO Price Returns
| 1-mo | 62.53% |
| 3-mo | -10.74% |
| 6-mo | -33.33% |
| 1-year | -47.57% |
| 3-year | -50.23% |
| 5-year | -88.16% |
| YTD | 78.90% |
| 2022 | -73.52% |
| 2021 | -63.17% |
| 2020 | 187.91% |
| 2019 | 101.88% |
| 2018 | -89.86% |
Continue Researching SOLO
Want to see what other sources are saying about Electrameccanica Vehicles Corp's financials and stock price? Try the links below:Electrameccanica Vehicles Corp (SOLO) Stock Price | Nasdaq
Electrameccanica Vehicles Corp (SOLO) Stock Quote, History and News - Yahoo Finance
Electrameccanica Vehicles Corp (SOLO) Stock Price and Basic Information | MarketWatch
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