Cantor Fitzgerald Weighs in on Microvast FY2025 Earnings

Microvast Holdings, Inc. (NASDAQ:MVST - Free Report) - Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Microvast in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg expects that the company will post earnings of ($0.02) per share for the year. The consensus estimate for Microvast's current full-year earnings is ($0.30) per share.

Separately, HC Wainwright restated a "buy" rating and issued a $3.00 price target on shares of Microvast in a report on Monday, November 18th.

Microvast Trading Down 4.3 %

MVST traded down $0.09 during mid-day trading on Thursday, hitting $1.99. 4,535,012 shares of the stock were exchanged, compared to its average volume of 14,981,257. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 0.24. The company has a market cap of $644.40 million, a PE ratio of -5.24 and a beta of 2.14. The firm's fifty day moving average is $1.53 and its two-hundred day moving average is $0.73. Microvast has a 1-year low of $0.15 and a 1-year high of $2.87.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Point72 DIFC Ltd acquired a new position in shares of Microvast in the 2nd quarter valued at $28,000. AQR Capital Management LLC lifted its stake in Microvast by 569.1% during the second quarter. AQR Capital Management LLC now owns 109,139 shares of the company's stock valued at $50,000 after buying an additional 92,828 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Microvast in the second quarter worth about $80,000. Renaissance Technologies LLC purchased a new position in shares of Microvast in the second quarter worth approximately $90,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Microvast during the second quarter valued at approximately $141,000. 20.72% of the stock is owned by institutional investors and hedge funds.

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Microvast Company Profile

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.