GreenPower Motor (NASDAQ:GP) Stock Gets Downgrade from Wall Street Zen

GreenPower Motor (NASDAQ:GP) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of GreenPower Motor in a research report on Thursday, October 15th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

GreenPower Motor Price Performance

GP opened at $0.58 on Friday. The stock’s 50-day moving average price is $2.65 and its 200 day moving average price is $5.19. GreenPower Motor has a 12-month low of $0.53 and a 12-month high of $9.20. The firm has a market cap of $245,070.00, a price-to-earnings ratio of -0.17 and a beta of 1.99. The company has a current ratio of 1.49, a quick ratio of 0.11 and a debt-to-equity ratio of 2.80.

GreenPower Motor (NASDAQ:GP) last announced its quarterly earnings data on Friday, August 14th. The company reported ($2.10) earnings per share for the quarter. The company had revenue of $0.44 million for the quarter.

GreenPower Motor Company Profile

GreenPower Motor Company Inc is a Canadian manufacturer of all-electric commercial vehicles. The company designs and produces zero-emission buses and trucks for passenger transportation, school transportation, delivery, and other commercial applications.

Its product portfolio includes electric transit buses, school buses, shuttle buses, vans, and medium-duty trucks. Notable vehicle lines include the EV Star family of commercial vehicles, the BEAST all-electric school bus, and other purpose-built electric platforms designed for urban transit and fleet operations.

Founded in 2010 and headquartered in Vancouver, British Columbia, GreenPower serves customers primarily in the United States and Canada.