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NASDAQ:MVST

Microvast (MVST) Stock Price, News & Analysis

Microvast logo
$1.83 -0.08 (-4.19%)
(As of 01:00 PM ET)

About Microvast Stock (NASDAQ:MVST)

Key Stats

Today's Range
$1.72
$2.09
50-Day Range
$0.16
$1.91
52-Week Range
$0.15
$2.09
Volume
16.67 million shs
Average Volume
10.16 million shs
Market Capitalization
$592.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.33
Consensus Rating
Moderate Buy

Company Overview

Microvast Holdings, Inc. provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. It operates China, rest of the Asia Pacific, Europe, and the United States. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.

Microvast Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
53rd Percentile Overall Score

MVST MarketRank™: 

Microvast scored higher than 53% of companies evaluated by MarketBeat, and ranked 132nd out of 332 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Microvast has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Microvast has only been the subject of 1 research reports in the past 90 days.

  • Read more about Microvast's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Microvast is -4.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Microvast is -4.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Microvast has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    7.68% of the float of Microvast has been sold short.
  • Short Interest Ratio / Days to Cover

    Microvast has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Microvast has recently decreased by 43.88%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Microvast does not currently pay a dividend.

  • Dividend Growth

    Microvast does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.68% of the float of Microvast has been sold short.
  • Short Interest Ratio / Days to Cover

    Microvast has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Microvast has recently decreased by 43.88%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Microvast has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Microvast this week, compared to 1 article on an average week.
  • Search Interest

    87 people have searched for MVST on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Microvast to their MarketBeat watchlist in the last 30 days. This is an increase of 70% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Microvast insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    29.80% of the stock of Microvast is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 20.72% of the stock of Microvast is held by institutions.

  • Read more about Microvast's insider trading history.
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MVST Stock News Headlines

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MVST Stock Analysis - Frequently Asked Questions

Microvast's stock was trading at $1.40 on January 1st, 2024. Since then, MVST shares have increased by 30.7% and is now trading at $1.83.
View the best growth stocks for 2024 here
.

Microvast Holdings, Inc. (NASDAQ:MVST) released its earnings results on Thursday, May, 9th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.03. The business had revenue of $81.35 million for the quarter, compared to analysts' expectations of $67.63 million. Microvast had a negative net margin of 30.88% and a negative trailing twelve-month return on equity of 22.10%.

Microvast's top institutional shareholders include Geode Capital Management LLC (0.69%), State Street Corp (0.25%) and Point72 Asia Singapore Pte. Ltd. (0.06%). Insiders that own company stock include Yanzhuan Zheng, Craig Webster and Shane Smith.
View institutional ownership trends
.

Shares of MVST 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Microvast investors own include Zomedica (ZOM), Block (SQ), Tesla (TSLA), Jumia Technologies (JMIA), Meta Platforms (META) and Digital Turbine (APPS).

Company Calendar

Last Earnings
5/09/2024
Today
12/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:MVST
Fax
N/A
Employees
2,006
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.33
High Stock Price Target
$4.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+82.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-106,340,000.00
Pretax Margin
-30.89%

Debt

Sales & Book Value

Annual Sales
$370.99 million
Book Value
$1.78 per share

Miscellaneous

Free Float
227,318,000
Market Cap
$592.58 million
Optionable
Optionable
Beta
2.54
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This page (NASDAQ:MVST) was last updated on 12/24/2024 by MarketBeat.com Staff
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