GreenPower Motor (NASDAQ:GP) Releases Earnings Results

GreenPower Motor (NASDAQ:GP) issued its earnings results on Wednesday. The company reported $0.51 EPS for the quarter, FiscalAI reports. The company had revenue of $3.85 million for the quarter.

GreenPower Motor Price Performance

NASDAQ GP traded down $0.13 during trading on Wednesday, reaching $1.42. 333,681 shares of the company’s stock traded hands, compared to its average volume of 273,519. GreenPower Motor has a 12-month low of $0.74 and a 12-month high of $6.42. The firm has a market cap of $7.14 million, a price-to-earnings ratio of -0.55 and a beta of 1.69. The company’s 50 day simple moving average is $1.20 and its two-hundred day simple moving average is $1.08.

Hedge Funds Weigh In On GreenPower Motor

An institutional investor recently bought a new position in GreenPower Motor stock. DRW Securities LLC acquired a new position in GreenPower Motor Company Inc. (NASDAQ:GP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 55,189 shares of the company’s stock, valued at approximately $43,000. DRW Securities LLC owned approximately 1.79% of GreenPower Motor as of its most recent SEC filing. Institutional investors and hedge funds own 1.69% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on GP. BTIG Research restated a “neutral” rating on shares of GreenPower Motor in a report on Friday, April 10th. Weiss Ratings reiterated a “sell (e+)” rating on shares of GreenPower Motor in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

GreenPower Motor Company Profile

GreenPower Motor Company Inc (NASDAQ: GP) is a designer, manufacturer and distributor of zero-emission electric vehicles, with a focus on heavy-duty transit buses, school buses, shuttles and medium-duty trucks. The company develops its vehicles on proprietary electric platforms, integrating battery and drivetrain technology to deliver fully battery-powered solutions for public transit agencies, school districts and commercial fleet operators.

GreenPower’s product lineup includes full-sized electric transit buses available in various lengths and configurations, purpose-built electric school buses designed to meet safety standards and reduce operating costs, and medium-duty electric delivery vehicles tailored for last-mile logistics.