GreenPower Motor (CVE:GPV) Shares Down 7.9% – What’s Next?

GreenPower Motor Company Inc. (CVE:GPV)’s share price dropped 7.9% during mid-day trading on Tuesday . The stock traded as low as C$2.03 and last traded at C$2.10. Approximately 10,246 shares traded hands during trading, an increase of 752% from the average daily volume of 1,202 shares. The stock had previously closed at C$2.28.

GreenPower Motor Price Performance

The company’s 50 day moving average is C$2.10 and its 200 day moving average is C$2.10. The company has a current ratio of 1.33, a quick ratio of 0.25 and a debt-to-equity ratio of -254.33. The stock has a market capitalization of C$6.40 million, a price-to-earnings ratio of -0.34 and a beta of 3.68.

About GreenPower Motor

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. It leases its vehicles to customers. GreenPower Motor Company Inc was founded in 2010 and is headquartered in Vancouver, Canada.