Forza X1, Inc. (NASDAQ:FRZA – Get Free Report)’s share price shot up 33.1% on Thursday . The company traded as high as $0.21 and last traded at $0.20. 23,400 shares traded hands during trading, a decline of 83% from the average session volume of 139,590 shares. The stock had previously closed at $0.15.
Forza X1 Trading Up 33.1 %
The company has a quick ratio of 65.85, a current ratio of 66.38 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $3.15 million, a price-to-earnings ratio of -0.51 and a beta of 1.85. The company has a 50-day moving average price of $0.20 and a 200-day moving average price of $0.26.
Forza X1 Company Profile
Forza X1, Inc focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc was incorporated in 2021 and is headquartered in Fort Pierce, Florida.
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