NASDAQ:ELVA Electrovaya (ELVA) Stock Price, News & Analysis $2.24 -0.01 (-0.45%) (As of 09/19/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Electrovaya alerts: Email Address About Electrovaya Stock (NASDAQ:ELVA) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Electrovaya alerts:Sign Up Key Stats Today's Range$2.23▼$2.3350-Day Range$1.93▼$2.5652-Week Range$1.67▼$4.58Volume13,559 shsAverage Volume35,682 shsMarket Capitalization$75.73 millionP/E RatioN/ADividend YieldN/APrice Target$10.00Consensus RatingBuy Company OverviewElectrovaya 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… Who are Nvidia’s New Silent Partners? (Ad)Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” Electrovaya Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 49th PercentileElectrovaya scored higher than 49% of companies evaluated by MarketBeat, and ranked 476th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy 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 2 research reports in the past 90 days.Read more about Electrovaya's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Electrovaya are expected to grow in the coming year, from ($0.04) to $0.20 per share.Price to Book Value per Share RatioElectrovaya has a P/B Ratio of 10.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.28% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently increased by 11.35%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldElectrovaya does not currently pay a dividend.Dividend GrowthElectrovaya does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.28% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently increased by 11.35%, indicating that investor sentiment is decreasing significantly. News and Social Media2.5 / 5News Sentiment0.54 News SentimentElectrovaya has a news sentiment score of 0.54. 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 0.42 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Electrovaya this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for ELVA on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A 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. 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 ELVA Stock News HeadlinesShort Interest in Electrovaya Inc. (NASDAQ:ELVA) Expands By 11.3%September 18 at 1:17 PM | americanbankingnews.comElectrovaya (NASDAQ:ELVA) versus Lightscape Technologies (OTCMKTS:LTSCD) Financial AnalysisSeptember 13, 2024 | americanbankingnews.comAct by Friday, August 16th, to collect this 22% dividendLet's do a little math here... To double your money at a 3% rate of return, you would need around 23 years. But at a 22% rate, you could double in less than 4 years! That's why I'm so excited to tell you about my #1 ETF for monthly income. With massive payouts of 22%, this ETF outperforms the average 3% yields from Dividends Aristocrats any time of the year. And a 22% dividend isn't the only thing unique about this story...September 20, 2024 | Investors Alley (Ad)Electrovaya secures Japanese construction battery orderSeptember 12, 2024 | uk.investing.comAnalysts Offer Insights on Industrial Goods Companies: SQL Technologies (SKYX), Electrovaya (ELVA) and Ceco Environmental (CECO)September 11, 2024 | markets.businessinsider.comElectrovaya Inc. (ELVA.TO)September 1, 2024 | finance.yahoo.comThese Analysts Just Made A Meaningful Downgrade To Their Electrovaya Inc. (TSE:ELVA) EPS ForecastsAugust 19, 2024 | finance.yahoo.comElectrovaya Third Quarter 2024 Earnings: Misses ExpectationsAugust 17, 2024 | finance.yahoo.comSee More Headlines ELVA Stock Analysis - Frequently Asked Questions How have ELVA shares performed this year? Electrovaya's stock was trading at $3.06 at the beginning of 2024. Since then, ELVA shares have decreased by 27.0% and is now trading at $2.2350. View the best growth stocks for 2024 here. How were Electrovaya's earnings last quarter? Electrovaya Inc. (NASDAQ:ELVA) posted its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.06. The firm earned $10.27 million during the quarter, compared to analyst estimates of $17.84 million. Electrovaya had a negative net margin of 1.34% and a negative trailing twelve-month return on equity of 8.02%. Who are Electrovaya's major shareholders? Top institutional investors of Electrovaya include AIGH Capital Management LLC (7.60%). 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. Company Calendar Last Earnings8/13/2024Today9/19/2024Fiscal 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$10.00 High Stock Price Target$16.00 Low Stock Price Target$6.00 Potential Upside/Downside+347.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,480,000.00 Net Margins-1.34% Pretax Margin1.31% Return on Equity-8.02% Return on Assets-1.63% Debt Debt-to-Equity Ratio0.26 Current Ratio0.99 Quick Ratio0.54 Sales & Book Value Annual Sales$49.41 million Price / Sales1.53 Cash FlowN/A Price / Cash FlowN/A Book Value$0.22 per share Price / Book10.16Miscellaneous Outstanding Shares33,885,000Free FloatN/AMarket Cap$75.73 million OptionableNot Optionable Beta1.36 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report This page (NASDAQ:ELVA) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersAct by Friday, August 16th, to collect this 22% dividendLet's do a little math here... To double your money at a 3% rate of return, you would need around 23 years....Investors Alley | SponsoredWhy You Should NOT Trade This MarketYou'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this dif...InvestorPlace | SponsoredThis Crypto Is Set to Explode in SeptemberWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make ...Crypto 101 Media | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredMust-Know for Trading OptionsOptions are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a ...Unstoppable Prosperity | SponsoredUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consiste...Netpicks | SponsoredKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppe...Paradigm Press | SponsoredWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.Weiss Ratings | Sponsored 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. Share Electrovaya With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.