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Lion Electric (LEV) Set to Announce Quarterly Earnings on Wednesday

Lion Electric logo with Auto/Tires/Trucks background

Lion Electric (NYSE:LEV - Get Free Report) will be announcing its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.

Lion Electric Trading Down 2.7 %

Shares of Lion Electric stock traded down $0.02 during mid-day trading on Monday, hitting $0.59. The stock had a trading volume of 210,303 shares, compared to its average volume of 403,276. The firm has a 50-day moving average of $0.69 and a two-hundred day moving average of $0.83. The firm has a market cap of $133.58 million, a P/E ratio of -1.11 and a beta of 2.14. The company has a quick ratio of 0.53, a current ratio of 2.49 and a debt-to-equity ratio of 0.82. Lion Electric has a 12-month low of $0.53 and a 12-month high of $1.99.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Roth Capital lowered Lion Electric from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 31st. DA Davidson reiterated a "neutral" rating and set a $1.00 price target (down from $1.50) on shares of Lion Electric in a report on Monday, August 12th. Seven research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Lion Electric currently has an average rating of "Hold" and a consensus target price of $1.52.

Check Out Our Latest Stock Analysis on Lion Electric

About Lion Electric

(Get Free Report)

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories.

See Also

Earnings History for Lion Electric (NYSE:LEV)

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