GreenPower Motor (CVE:GPV) Shares Up 38.1% – Here’s What Happened

GreenPower Motor Company Inc. (CVE:GPV)’s stock price shot up 38.1% during trading on Saturday . The stock traded as high as C$1.56 and last traded at C$1.56. 200,945 shares traded hands during mid-day trading, an increase of 358% from the average session volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Stock Up 38.1 %

The firm’s 50-day moving average price is C$1.20 and its 200 day moving average price is C$1.43. The company has a market capitalization of C$41.32 million, a price-to-earnings ratio of -1.38 and a beta of 4.07. The company has a current ratio of 1.61, a quick ratio of 0.25 and a debt-to-equity ratio of 204.48.

GreenPower Motor Company Profile

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.