GreenPower Motor (CVE:GPV) Shares Down 7.9% – Here’s Why

GreenPower Motor Company Inc. (CVE:GPV – Get Free Report) shares fell 7.9% during trading on Tuesday. The company traded as low as C$2.03 and last traded at C$2.10. Approximately 10,246 shares were traded during mid-day trading, an increase of 752% from the average session volume of 1,202 shares. The stock had previously closed at C$2.28.

GreenPower Motor Stock Down 7.9%

The stock has a 50-day simple moving average of C$2.10 and a two-hundred day simple moving average of C$2.10. The company has a quick ratio of 0.25, a current ratio of 1.33 and a debt-to-equity ratio of -254.33. The firm has a market cap of C$6.40 million, a PE ratio of -0.34 and a beta of 3.68.

GreenPower Motor Company Profile

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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.

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