Lion (OTCMKTS:LIOPF) Announces Earnings Results

Lion (OTCMKTS:LIOPF) released its earnings results on Friday. The company reported $0.16 earnings per share for the quarter, Zacks reports. The business had revenue of $682.30 million for the quarter. Lion had a net margin of 6.60% and a return on equity of 8.36%.

Lion Price Performance

LIOPF stock opened at $11.51 on Friday. The business has a 50 day simple moving average of $11.47 and a 200-day simple moving average of $11.38. The firm has a market capitalization of $3.22 billion, a PE ratio of 20.19 and a beta of 0.33. Lion has a 1 year low of $10.00 and a 1 year high of $11.51.

Lion Company Profile

The Lion Electric Company is a Canadian manufacturer of all-electric medium- and heavy-duty vehicles. The company develops and produces zero-emission school buses, transit buses, and commercial trucks designed for applications such as student transportation, urban transit, delivery, and other fleet operations.

Founded in 2008 and headquartered in Saint-Jérôme, Quebec, Lion has focused on building electric vehicles specifically for the North American market. Its product portfolio has included battery-electric school buses, shuttle and transit buses, and commercial trucks, along with related electric-vehicle systems and battery solutions.

The company serves customers in Canada and the United States, including school districts, transit agencies, municipalities, and commercial fleet operators.