Microvast (NASDAQ:MVST - Get Free Report) is anticipated to release its Q4 2024 earnings data before the market opens on Monday, April 7th. Analysts expect Microvast to post earnings of ($0.02) per share and revenue of $92.50 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Microvast (NASDAQ:MVST - Get Free Report) last issued its quarterly earnings data on Monday, April 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The company had revenue of $113.39 million during the quarter, compared to analysts' expectations of $92.50 million. Microvast had a negative return on equity of 22.10% and a negative net margin of 30.88%. During the same quarter in the previous year, the company posted ($0.04) earnings per share. On average, analysts expect Microvast to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Microvast Stock Performance
NASDAQ:MVST traded up $0.38 during mid-day trading on Tuesday, hitting $1.55. 41,797,449 shares of the stock were exchanged, compared to its average volume of 11,403,439. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.83 and a current ratio of 1.30. The firm's 50-day simple moving average is $1.64 and its 200 day simple moving average is $1.18. Microvast has a fifty-two week low of $0.15 and a fifty-two week high of $2.87. The stock has a market capitalization of $502.03 million, a price-to-earnings ratio of -4.08 and a beta of 2.20.
Microvast Company Profile
(
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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.
Further Reading
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