Envirotech Vehicles (EVTV) Projected to Post Quarterly Earnings on Monday

Envirotech Vehicles (NASDAQ:EVTV) is expected to be releasing its results after the market closes on Monday, May 18th. Analysts expect Envirotech Vehicles to post earnings of ($2.00) per share and revenue of $0.17 million for the quarter.

Envirotech Vehicles (NASDAQ:EVTV) last released its quarterly earnings data on Monday, April 13th. The company reported ($2.34) earnings per share (EPS) for the quarter. The business had revenue of $2.49 million for the quarter. Envirotech Vehicles had a negative net margin of 658.70% and a negative return on equity of 1,284.22%.

Envirotech Vehicles Price Performance

NASDAQ EVTV opened at $2.05 on Monday. The firm has a market cap of $26.51 million, a PE ratio of -0.16 and a beta of 0.80. The company has a 50 day moving average price of $1.67 and a 200 day moving average price of $1.56. Envirotech Vehicles has a 52 week low of $0.33 and a 52 week high of $5.07.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen upgraded shares of Envirotech Vehicles from a “strong sell” rating to a “hold” rating in a research note on Saturday, April 18th. Weiss Ratings lowered shares of Envirotech Vehicles from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, Envirotech Vehicles has a consensus rating of “Sell”.

Envirotech Vehicles Company Profile

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.