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NeoVolta (NASDAQ:NEOV) Announces Earnings Results

NeoVolta logo with Oils/Energy background

NeoVolta (NASDAQ:NEOV - Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.03) EPS for the quarter, Zacks reports. NeoVolta had a negative net margin of 114.93% and a negative return on equity of 58.84%.

NeoVolta Stock Up 2.3 %

NeoVolta stock traded up $0.07 during mid-day trading on Tuesday, hitting $3.10. 427,916 shares of the company's stock were exchanged, compared to its average volume of 295,960. The firm has a market capitalization of $103.42 million, a P/E ratio of -34.44 and a beta of -1.44. NeoVolta has a fifty-two week low of $0.63 and a fifty-two week high of $6.11. The company's 50 day simple moving average is $4.41 and its 200-day simple moving average is $3.77.

Wall Street Analyst Weigh In

Separately, Maxim Group raised their price target on NeoVolta from $4.75 to $7.50 and gave the stock a "buy" rating in a research report on Wednesday, November 13th.

Read Our Latest Stock Analysis on NeoVolta

About NeoVolta

(Get Free Report)

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.

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Earnings History for NeoVolta (NASDAQ:NEOV)

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