Electra Meccanica Vehicles Corp. interests in the development and production of electric vehicles. It operates into Electric Vehicles and Custom Build Vehicles sections. The Electric Vehicles segment develops and manufactures electric vehicles for mass markets. The Custom Build Vehicles segment offers high-end custom-built vehicles. The company was founded by Jerry Kroll and Henry R. Reisner on February 16, 2015, and is headquartered in Vancouver, Canada. This three-wheeled vehicle will revolutionize the urban driving experience, including commuting, delivery and shared mobility. The solo stock news at https://www.webull.com/quote/nasdaq-solo provides a driving experience that is unique, trendy, fun, affordable and environmentally friendly. Inter Meccanica, a subsidiary of Electra Meccanica, has successfully been building high-end specialty cars. The market cap of SOLO is 41,495,299.
SOLO stock details and analytics
This strategy survived the 87 crash, the dotcom bust, and the subprime panic and turned $1K into $66.7 million compared to $1.2 million buying and holding the S&P 500. This year will bring new trends laws tariffs increased volatility maybe even a market crash. To use this strategy to protect, revive, and multiply your retirement savings by leaps and bounds even in a bad economy. Electra Meccanica Vehicles is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th, 2020. Electra Meccanica Vehicles Corp (nasdaq solo) issued its quarterly earnings data on Wednesday, March, 25th. The company reported ($0.18) earnings per share for the quarter, missing analysts consensus estimates of ($0.13) by $0.05. The firm earned $0.24 million during the quarter. Electra Meccanica Vehicle had a negative net margin of 3,960.92% and a negative return on equity of 98.77%.
2 brokerages have issued 12-month price targets for Electra Meccanica Vehicles stock. Their forecasts range from $4.00 to $4.00. On average, they anticipate Electra Meccanica Vehicles stock price to reach $4.00 in the next year. This suggests a possible upside of 257.1% from the stock’s current price. Headlines about SOLO stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blogs and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Electra Meccanica Vehicles earned a media sentiment score of -1.0 on InfoTrie’s scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near term. You can also know Nysearca spxl news at https://www.webull.com/quote/nysearca-spxl .
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