Currently, Phoenix Motor Inc’s (PEV) stock is trading at $0.47, marking a gain of 88.18% from last night’s close. At this price, the stock is -65.87% below its 52-week high of $1.39 and 137.20% above its 52-week low of $0.20. Based on the past 30-day period, the stock price is -25.38% below the high and +151.65% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, PEV’s SMA-200 is $0.4568.
PEV’s price to book ratio for the most recent quarter was 1.18, resulting in an 63.78 price to cash per share for the period.
How does Phoenix Motor Inc (PEV) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Phoenix Motor Inc (NASDAQ: PEV) Ownership Details
I will give a breakdown of the key shareholders in Phoenix Motor Inc (PEV). Recent figures show that the company’s insiders hold 65.83% of shares. A total of 10 institutional investors hold shares in the company, making 1.14% of its stock and 3.33% of its float.
Dec 31, 2024, it was reported that the Company’s largest institutional holder is Geode Capital Management, LLC holding total of 173.58 shares that make 0.46% of the company’s total number of shares and are currently priced at 85697.0.
The securities firm Virtu Financial LLC holds 102.53 shares of PEV, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.27%, and the holding percentage of shares is valued at 50620.0.
An overview of Phoenix Motor Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Phoenix Motor Inc (PEV) traded 9,792,452 shares per day, with a moving average of $0.2622 and price change of +0.2214. With the moving average of $0.2900 and a price change of +0.1644, about 4,923,431 shares changed hands on average over the past 50 days. Finally, PEV’s 100-day average volume is 5,866,208 shares, alongside a moving average of $0.3921 and a price change of +0.0933.
