Lion Electric (TSE:LEV - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of C($0.18) per share for the quarter.
Lion Electric Price Performance
Shares of TSE:LEV remained flat at C$0.83 during trading hours on Monday. The company's stock had a trading volume of 201,124 shares, compared to its average volume of 304,620. The firm has a market cap of C$187.76 million, a price-to-earnings ratio of -1.17 and a beta of 2.59. The firm has a 50-day simple moving average of C$0.95 and a two-hundred day simple moving average of C$1.14. Lion Electric has a fifty-two week low of C$0.75 and a fifty-two week high of C$2.67. The company has a quick ratio of 1.33, a current ratio of 2.49 and a debt-to-equity ratio of 118.61.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. CIBC dropped their price objective on Lion Electric from C$1.15 to C$0.65 and set a "neutral" rating for the company in a report on Thursday, August 1st. Desjardins reduced their price target on shares of Lion Electric from C$1.50 to C$1.00 and set a "hold" rating on the stock in a research note on Thursday, August 1st. Roth Capital cut shares of Lion Electric from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 31st. National Bankshares dropped their target price on shares of Lion Electric from C$1.00 to C$0.80 and set an "underperform" rating on the stock in a research note on Thursday, August 1st. Finally, DA Davidson downgraded shares of Lion Electric from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of C$0.82.
View Our Latest Analysis on LEV
About Lion Electric
(
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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.
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