GreenPower Motor (CVE:GPV) Shares Up 38.1% – Should You Buy?

GreenPower Motor Company Inc. (CVE:GPVGet Free Report) shares were up 38.1% on Saturday . The stock traded as high as C$1.56 and last traded at C$1.56. Approximately 200,945 shares traded hands during trading, an increase of 358% from the average daily volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Stock Performance

The business’s fifty day moving average is C$1.20 and its two-hundred day moving average is C$1.43. The company has a current ratio of 1.61, a quick ratio of 0.25 and a debt-to-equity ratio of 204.48. The company has a market capitalization of C$41.32 million, a PE ratio of -1.38 and a beta of 4.07.

About GreenPower Motor

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GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.

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