NeoVolta (NASDAQ:NEOV – Get Free Report) had its price target increased by equities research analysts at Maxim Group from $4.25 to $4.75 in a report released on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Maxim Group’s price objective suggests a potential upside of 58.86% from the stock’s previous close.
NeoVolta Price Performance
NASDAQ:NEOV opened at $2.99 on Tuesday. NeoVolta has a one year low of $0.63 and a one year high of $3.87. The company has a fifty day moving average price of $2.94 and a 200 day moving average price of $2.52. The stock has a market cap of $99.38 million, a P/E ratio of -49.83 and a beta of -2.03.
NeoVolta (NASDAQ:NEOV – Get Free Report) last announced its quarterly earnings data on Friday, September 27th. The company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). NeoVolta had a negative net margin of 68.01% and a negative return on equity of 32.41%. The business had revenue of $0.58 million during the quarter.
NeoVolta Company Profile
NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.
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