Vicinity Motor (VEV) Stock Price, News & Analysis

Company Overview

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The company was founded in 2008 and is headquartered in Aldergrove, Canada.

Key Stats

• Today's Range: $0.02 to $0.04
• 50-Day Range: $0.02 to $0.18
• 52-Week Range: $0.02 to $0.96
• Volume: 25.50 million shs
• Average Volume: 4.08 million shs
• Market Capitalization: $1.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

VEV Stock Analysis - Frequently Asked Questions

How have VEV shares performed this year?

Vicinity Motor's stock was trading at $0.8190 on January 1st, 2024. Since then, VEV stock has decreased by 97.5% and is now trading at $0.0201.
View the best growth stocks for 2024 here.

How were Vicinity Motor's earnings last quarter?

Vicinity Motor Corp. (NASDAQ:VEV) posted its quarterly earnings results on Tuesday, May, 14th. The company reported ($0.08) earnings per share for the quarter. The company earned $13.23 million during the quarter. Vicinity Motor had a negative trailing twelve-month return on equity of 68.36% and a negative net margin of 60.46%.

How do I buy shares of Vicinity Motor?

Shares of VEV 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 Vicinity Motor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vicinity Motor investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Annovis Bio (ANVS), Broadcom (AVGO), FedEx (FDX) and MSP Recovery (LIFW).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:VEV
• CUSIP: N/A
• CIK: 1834975
• Web: grandewest.com
• Phone: (604) 607-4000
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-16,630,000.00
• Net Margins: -60.46%
• Pretax Margin: -60.46%
• Return on Equity: -68.36%
• Return on Assets: -24.47%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.90
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $19.05 million
• Price / Sales: 0.05
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.46 per share
• Price / Book: 0.04

Miscellaneous

• Outstanding Shares: 50,470,000
• Free Float: N/A
• Market Cap: $1.01 million
• Optionable: Optionable
• Beta: 0.44