Twin Vee Powercats (VEEE) Stock Price, News & Analysis

Company Overview

Twin Vee PowerCats Co. engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats. It operates in three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, such as fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing, and diving expeditions. It is also designing and developing fully electric and gas-powered boats. The company sells its boats through a network of 20 independent boat dealers in North America, Central America, and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida.

Key Stats

• Today's Range: $0.41 to $0.45
• 50-Day Range: $0.37 to $0.67
• 52-Week Range: $0.33 to $1.77
• Volume: 16,494 shs
• Average Volume: 1.24 million shs
• Market Capitalization: $3.99 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Twin Vee Powercats Stock Analysis - MarketRank™

Twin Vee Powercats scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Twin Vee Powercats.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Twin Vee Powercats is -0.40, 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 Twin Vee Powercats is -0.40, 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

Twin Vee Powercats has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.87% of the float of Twin Vee Powercats has been sold short.

Short Interest Ratio / Days to Cover

Twin Vee Powercats has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Twin Vee Powercats has recently increased by 247.32%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Twin Vee Powercats does not currently pay a dividend.

Dividend Growth

Twin Vee Powercats does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.87% of the float of Twin Vee Powercats has been sold short.

Short Interest Ratio / Days to Cover

Twin Vee Powercats has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Twin Vee Powercats has recently increased by 247.32%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.24

News Sentiment

Twin Vee Powercats has a news sentiment score of 0.24. 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 lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Twin Vee Powercats this week, compared to 0 articles on an average week.

Search Interest

4 people have searched for VEEE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Twin Vee Powercats insiders have bought more of their company's stock than they have sold. Specifically, they have bought $37,814.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

28.52% of the stock of Twin Vee Powercats is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 15.57% of the stock of Twin Vee Powercats is held by institutions.

VEEE Stock Analysis - Frequently Asked Questions

How have VEEE shares performed this year?

Twin Vee Powercats' stock was trading at $1.42 on January 1st, 2024. Since then, VEEE shares have decreased by 70.5% and is now trading at $0.4193.
View the best growth stocks for 2024 here.

When did Twin Vee Powercats IPO?

Twin Vee Powercats (VEEE) raised $15 million in an initial public offering on Wednesday, July 21st 2021. The company issued 2,800,000 shares at $5.00-$6.00 per share.

How do I buy shares of Twin Vee Powercats?

Shares of VEEE 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.

What other stocks do shareholders of Twin Vee Powercats own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Twin Vee Powercats investors own include Communications Systems (JCS), Paratek Pharmaceuticals (PRTK), Biora Therapeutics (BIOR), BSQUARE (BSQR), Data Storage (DTST), Aterian (ATER) and Crocs (CROX).

Company Calendar

• Today: 11/21/2024
• 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:VEEE
• CUSIP: N/A
• CIK: 1855509
• Web: www.twinvee.com
• Phone: 772-429-2525
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,190,000.00
• Net Margins: -54.41%
• Pretax Margin: -64.30%
• Return on Equity: -28.19%
• Return on Assets: -22.39%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 4.00
• Quick Ratio: 3.13

Sales & Book Value

• Annual Sales: $20.95 million
• Price / Sales: 0.19
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.37 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 9,519,000
• Free Float: 6,804,000
• Market Cap: $3.99 million
• Optionable: Not Optionable
• Beta: 1.28