Forza X1 (FRZA) Stock Price, News & Analysis

Company Overview

Forza X1, Inc. focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc. was incorporated in 2021 and is headquartered in Fort Pierce, Florida.

Key Stats

• Today's Range: $0.16 to $0.21
• 50-Day Range: $0.13 to $0.27
• 52-Week Range: $0.13 to $0.66
• Volume: 23,400 shs
• Average Volume: 139,590 shs
• Market Capitalization: $3.15 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FRZA Stock Analysis - Frequently Asked Questions

How have FRZA shares performed this year?

Forza X1's stock was trading at $0.5351 on January 1st, 2024. Since then, FRZA shares have decreased by 62.6% and is now trading at $0.20.
View the best growth stocks for 2024 here.

How were Forza X1's earnings last quarter?

Forza X1, Inc. (NASDAQ:FRZA) released its quarterly earnings data on Tuesday, March, 26th. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $0.02 million for the quarter.

When did Forza X1 IPO?

Forza X1 (FRZA) raised $15 million in an initial public offering (IPO) on Friday, August 12th 2022. The company issued 3,000,000 shares at $5.00 per share. ThinkEquity served as the underwriter for the IPO.

How do I buy shares of Forza X1?

Shares of FRZA 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.
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What other stocks do shareholders of Forza X1 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Forza X1 investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Inuvo (INUV).

Company Calendar

• Last Earnings: 3/26/2024
• Today: 12/28/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Ship & boat building & repairing
• Sub-Industry: Shipbuilding, Railroad Equipment
• Current Symbol: NASDAQ:FRZA
• CUSIP: N/A
• CIK: 1901305
• Web: www.forzax1.com
• Phone: 772-429-2525
• Fax: N/A
• Employees: 5
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,930,000.00
• Net Margins: N/A
• Pretax Margin: -33,126.32%
• Return on Equity: -33.33%
• Return on Assets: -32.10%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 66.38
• Quick Ratio: 65.85

Sales & Book Value

• Annual Sales: $40,000.00
• Price / Sales: 78.80
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.02 per share
• Price / Book: 0.20

Miscellaneous

• Outstanding Shares: 15,760,000
• Free Float: 10,739,000
• Market Cap: $3.15 million
• Optionable: Not Optionable
• Beta: 1.85