NASDAQ:ELVA Electrovaya (ELVA) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free ELVA Stock Alerts $2.80 -0.07 (-2.44%) (As of 09:54 AM ET) Add Compare Share Share Today's Range$2.80▼$2.9550-Day Range$2.78▼$3.9552-Week Range$2.34▼$5.50Volume1,901 shsAverage Volume41,104 shsMarket Capitalization$94.86 millionP/E RatioN/ADividend YieldN/APrice Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Electrovaya alerts: Email Address Electrovaya MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside286.0% Upside$11.00 Price TargetShort InterestHealthy0.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.78Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth460.00%From $0.10 to $0.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.90 out of 5 starsComputer And Technology Sector345th out of 603 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry13th out of 28 stocks 3.5 Analyst's Opinion Consensus RatingElectrovaya has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageElectrovaya has only been the subject of 4 research reports in the past 90 days.Read more about Electrovaya's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.38% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently increased by 40.26%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldElectrovaya does not currently pay a dividend.Dividend GrowthElectrovaya does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ELVA. Previous Next 3.8 News and Social Media Coverage News SentimentElectrovaya has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Electrovaya this week, compared to 1 article on an average week.Search Interest5 people have searched for ELVA on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Electrovaya to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Electrovaya insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.47% of the stock of Electrovaya is held by institutions.Read more about Electrovaya's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Electrovaya are expected to grow by 460.00% in the coming year, from $0.10 to $0.56 per share.Price to Book Value per Share RatioElectrovaya has a P/B Ratio of 12.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe only AI company to buyThe AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. About Electrovaya Stock (NASDAQ:ELVA)Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.Read More ELVA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ELVA Stock News HeadlinesMay 30 at 4:30 AM | americanbankingnews.comElectrovaya Inc. (NASDAQ:ELVA) Short Interest UpdateMay 28 at 9:01 AM | finanznachrichten.deElectrovaya, Inc.: Electrovaya to Present at Craig Hallum and Roth Capital Investor ConferencesMay 28 at 9:01 AM | finance.yahoo.comElectrovaya to Present at Craig Hallum and Roth Capital Investor ConferencesMay 20, 2024 | americanbankingnews.comBrokers Offer Predictions for Electrovaya Inc.'s FY2024 Earnings (NASDAQ:ELVA)May 14, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Second Quarter FY2024 Financial ResultsMay 13, 2024 | finance.yahoo.comElectrovaya Announces Rescheduling of Q2-2024 Financial Results & Conference CallMay 13, 2024 | markets.businessinsider.comHere's what Wall Street expects from Electrovaya's earningsMay 13, 2024 | finance.yahoo.comInvestors in Electrovaya (TSE:ELVA) have seen massive returns of 310% over the past five yearsApril 29, 2024 | theglobeandmail.comMajor Trading Company Subsidiary Signs Battery Supply DealApril 29, 2024 | msn.comElectrovaya signs supply deal with Sumitomo for its lithium-ion battery productsApril 22, 2024 | finance.yahoo.comCan Electrovaya Inc. (TSE:ELVA) Improve Its Returns?April 19, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya to Host a Battery Technology & Investor DayApril 1, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Electrovaya (TSE:ELVA)March 1, 2024 | theglobeandmail.comElectrovaya: Top 25 Performing Stocks Year-to-Date on Toronto Stock Exchange (ELVA)February 27, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Announces Receipt of UL Functional Safety Approval for Next Generation Battery Management SystemFebruary 14, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Announces Increase in Credit Facility to C$22 millionFebruary 14, 2024 | msn.comElectrovaya increases credit facility to C$22MFebruary 12, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/YFebruary 12, 2024 | finance.yahoo.comElectrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/YJanuary 22, 2024 | seekingalpha.comElectrovaya: Decent Growth Prospects But Too Many Red FlagsJanuary 5, 2024 | markets.businessinsider.comElectrovaya: Sustained Growth and Positive Future Outlook Justify Buy RatingJanuary 5, 2024 | finance.yahoo.comAll You Need to Know About Electrovaya Inc. (ELVA) Rating Upgrade to Strong BuyJanuary 5, 2024 | finance.yahoo.comElectrovaya to Participate in the iAccess Alpha Tax Loss Recovery Summit 2024 - Buyside Best Ideas Virtual Conference on January 9th and 10th, 2024January 3, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/YJanuary 3, 2024 | finance.yahoo.comElectrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/YSee More Headlines Receive ELVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Electrovaya and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/14/2024Today5/29/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNASDAQ:ELVA Previous SymbolNASDAQ:ELVA CUSIPN/A CIK1844450 Webelectrovaya.com Phone905-855-4610FaxN/AEmployees97Year FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$16.00 Low Stock Price Target$8.00 Potential Upside/Downside+286.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,480,000.00 Net Margins-0.44% Pretax Margin0.79% Return on Equity-2.83% Return on Assets-0.56% Debt Debt-to-Equity Ratio0.27 Current Ratio0.99 Quick Ratio0.58 Sales & Book Value Annual Sales$49.47 million Price / Sales1.95 Cash FlowN/A Price / Cash FlowN/A Book Value$0.23 per share Price / Book12.39Miscellaneous Outstanding Shares33,885,000Free FloatN/AMarket Cap$96.57 million OptionableNot Optionable BetaN/A 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesDr. Sankar Das Gupta DIC (Age 73)Ph.D., Executive Chairman Comp: $221.6kDr. Rajshekar Das Gupta Ph.D.CEO & DirectorDr. James K. Jacobs MA (Age 75)Ph.D., Co-Founder & Independent Director Comp: $7.42kMr. Francis John GibsonCFO & SecretaryMr. Kyle O'LearyDirector of OperationsMr. Jason RoyDirector of Corporate Development & Investor RelationsDr. Jeremy Dang Ph.D.Vice President of Business & Project DevelopmentMore ExecutivesKey CompetitorsFREYR BatteryNYSE:FREYSolid PowerNASDAQ:SLDPByrna TechnologiesNASDAQ:BYRNNOVONIXNASDAQ:NVXStemNYSE:STEMView All Competitors ELVA Stock Analysis - Frequently Asked Questions Should I buy or sell Electrovaya stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrovaya in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ELVA shares. View ELVA analyst ratings or view top-rated stocks. What is Electrovaya's stock price target for 2024? 4 brokers have issued 12-month target prices for Electrovaya's stock. Their ELVA share price targets range from $8.00 to $16.00. On average, they predict the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 286.0% from the stock's current price. View analysts price targets for ELVA or view top-rated stocks among Wall Street analysts. How have ELVA shares performed in 2024? Electrovaya's stock was trading at $3.06 at the beginning of the year. Since then, ELVA shares have decreased by 6.9% and is now trading at $2.85. View the best growth stocks for 2024 here. Are investors shorting Electrovaya? Electrovaya saw a increase in short interest in May. As of May 15th, there was short interest totaling 85,700 shares, an increase of 40.3% from the April 30th total of 61,100 shares. Based on an average daily volume of 23,700 shares, the short-interest ratio is currently 3.6 days. Approximately 0.4% of the shares of the stock are short sold. View Electrovaya's Short Interest. How were Electrovaya's earnings last quarter? Electrovaya Inc. (NASDAQ:ELVA) issued its earnings results on Tuesday, May, 14th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.05. The business had revenue of $10.70 million for the quarter, compared to analyst estimates of $16.42 million. Electrovaya had a negative net margin of 0.44% and a negative trailing twelve-month return on equity of 2.83%. What guidance has Electrovaya issued on next quarter's earnings? Electrovaya issued an update on its FY 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.0 million-$75.0 million, compared to the consensus revenue estimate of $72.7 million. How do I buy shares of Electrovaya? Shares of ELVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ELVA) was last updated on 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBiden Nomination CANCELED?The Freeport SocietyGold Set to EXPLODE!Gold Safe Exchange[Urgent!] Generational Wealth GameplanCrypto 101 MediaWrite this ticker symbol down…StocksToTrade Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Electrovaya Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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