GreenPower Motor (NASDAQ:GP) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of GreenPower Motor (NASDAQ:GP) from a hold rating to a sell rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of GreenPower Motor in a report on Thursday, October 15th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

GreenPower Motor Stock Down 10.7%

NASDAQ:GP opened at $0.52 on Friday. GreenPower Motor has a 52 week low of $0.50 and a 52 week high of $9.20. The stock’s fifty day moving average is $2.53 and its two-hundred day moving average is $5.17. The stock has a market capitalization of $218,862.00, a price-to-earnings ratio of -0.15 and a beta of 1.99. The company has a quick ratio of 0.11, a current ratio of 1.49 and a debt-to-equity ratio of 2.80.

GreenPower Motor (NASDAQ:GP) last issued its quarterly earnings data on Friday, August 14th. The company reported ($2.10) earnings per share for the quarter. The firm had revenue of $0.44 million during the quarter.

GreenPower Motor Company Profile

GreenPower Motor Company Inc is a Canadian manufacturer of all-electric commercial vehicles. The company designs and produces zero-emission buses and trucks for passenger transportation, school transportation, delivery, and other commercial applications.

Its product portfolio includes electric transit buses, school buses, shuttle buses, vans, and medium-duty trucks. Notable vehicle lines include the EV Star family of commercial vehicles, the BEAST all-electric school bus, and other purpose-built electric platforms designed for urban transit and fleet operations.

Founded in 2010 and headquartered in Vancouver, British Columbia, GreenPower serves customers primarily in the United States and Canada.