Lion (OTCMKTS:LIOPF – Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.16 earnings per share for the quarter, Zacks reports. Lion had a return on equity of 8.36% and a net margin of 6.60%.
Lion Price Performance
Shares of LIOPF remained flat at $11.51 during mid-day trading on Friday. The company has a 50-day moving average price of $11.47 and a 200 day moving average price of $11.38. Lion has a 52 week low of $10.00 and a 52 week high of $11.51. The firm has a market capitalization of $3.22 billion, a PE ratio of 16.93 and a beta of 0.34.
Lion Company Profile
The Lion Electric Company is a Canadian manufacturer of all-electric medium- and heavy-duty vehicles. The company develops and produces zero-emission school buses, transit buses, and commercial trucks designed for applications such as student transportation, urban transit, delivery, and other fleet operations.
Founded in 2008 and headquartered in Saint-Jérôme, Quebec, Lion has focused on building electric vehicles specifically for the North American market. Its product portfolio has included battery-electric school buses, shuttle and transit buses, and commercial trucks, along with related electric-vehicle systems and battery solutions.
The company serves customers in Canada and the United States, including school districts, transit agencies, municipalities, and commercial fleet operators.
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