NASDAQ:SOLO Electrameccanica Vehicles (SOLO) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free SOLO Stock Alerts $0.21 0.00 (0.00%) (As of 03/26/2024 ET) Add Compare Share Share Today's Range$0.21▼$0.2150-Day Range$0.21▼$0.2852-Week Range$0.20▼$1.04VolumeN/AAverage Volume528,472 shsMarket Capitalization$25.36 millionP/E RatioN/ADividend YieldN/APrice Target$0.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Electrameccanica Vehicles alerts: Email Address Electrameccanica Vehicles MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside88.5% Upside$0.40 Price TargetShort InterestHealthy2.91% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.30Based on 3 Articles This WeekInsider TradingSelling Shares$16,000 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.33) to ($0.55) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.05 out of 5 starsAuto/Tires/Trucks Sector59th out of 82 stocksMotor Vehicles & Car Bodies Industry19th out of 27 stocks 3.0 Analyst's Opinion Consensus RatingElectrameccanica Vehicles has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $0.40, Electrameccanica Vehicles has a forecasted upside of 88.5% from its current price of $0.21.Amount of Analyst CoverageElectrameccanica Vehicles has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.91% of the outstanding shares of Electrameccanica Vehicles have been sold short.Short Interest Ratio / Days to CoverElectrameccanica Vehicles has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Electrameccanica Vehicles has recently decreased by 5.95%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldElectrameccanica Vehicles does not currently pay a dividend.Dividend GrowthElectrameccanica Vehicles does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SOLO. Previous Next 2.9 News and Social Media Coverage News SentimentElectrameccanica Vehicles has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Electrameccanica Vehicles this week, compared to 1 article on an average week.Search Interest8 people have searched for SOLO on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat Follows1 people have added Electrameccanica Vehicles to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Electrameccanica Vehicles insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,000.00 in company stock.Percentage Held by InsidersOnly 8.70% of the stock of Electrameccanica Vehicles is held by insiders.Percentage Held by InstitutionsOnly 1.87% of the stock of Electrameccanica Vehicles is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Electrameccanica Vehicles are expected to decrease in the coming year, from ($0.33) to ($0.55) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Electrameccanica Vehicles is -0.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Electrameccanica Vehicles is -0.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioElectrameccanica Vehicles has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. About Electrameccanica Vehicles Stock (NASDAQ:SOLO)Electrameccanica Vehicles Corp. develops, manufactures, and sells electric vehicles in the United States and Canada. Its flagship product is the SOLO, a single seat vehicle. The company is also developing four-wheeled eRoadster and Tofino. In addition, it provides services, repairs, and support services, as well as sale of parts and custom built vehicles. The company sells its vehicles through direct-to-consumer online marketing, as well as through retail store operations in the States of California, Arizona, and Oregon. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.Read More SOLO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SOLO Stock News HeadlinesMarch 20, 2024 | globenewswire.comElectraMeccanica Vehicles Corp. Reports Results of Special Meeting of ShareholdersMarch 16, 2024 | finance.yahoo.comSOLO Apr 2024 1.000 callMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 16, 2024 | finance.yahoo.comSOLO Apr 2024 1.000 putMarch 14, 2024 | globenewswire.comElectraMeccanica Reminds Shareholders to Vote in Favour of the Proposed Combination With Xos and Provides Additional DisclosureMarch 12, 2024 | finance.yahoo.comSOLO Jun 2024 1.000 putMarch 1, 2024 | businesswire.comElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.March 1, 2024 | investing.comElectrameccanica Vehicles Corp (SOLO)March 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.February 27, 2024 | businesswire.comELECTRAMECCANICA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of ElectraMeccanica Vehicles Corp. - SOLOFebruary 27, 2024 | businesswire.comElectraMeccanica Completes Mailing of Proxy Materials to Approve the Proposed Combination with XosFebruary 23, 2024 | seekingalpha.comSOLO Electrameccanica Vehicles Corp.February 20, 2024 | finance.yahoo.comElectrameccanica Vehicles Corp. (SOLO) stock forecast and price targetFebruary 13, 2024 | finance.yahoo.comElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with XosFebruary 13, 2024 | businesswire.comElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with XosFebruary 6, 2024 | finance.yahoo.com3 EV Stocks to Sell in January Before They Crash and BurnJanuary 24, 2024 | finanznachrichten.deXos, Inc.: ElectraMeccanica and Xos Host Joint Investor Call to Provide Shareholder UpdateJanuary 11, 2024 | msn.comXos gains cash for expansion on merger with ElectraMeccanicaJanuary 11, 2024 | tmcnet.comSOLO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ElectraMeccanica Vehicles Corp. Is Fair to ShareholdersJanuary 2, 2024 | finance.yahoo.comHere's Why Electrameccanica Vehicles (NASDAQ:SOLO) Must Use Its Cash WiselyDecember 20, 2023 | bizjournals.comElectraMeccanica puts Mesa plant on the sublease marketDecember 19, 2023 | msn.com2 EV Stocks to Sell in 2023 Before It's Too LateDecember 19, 2023 | techcrunch.comThe small and affordable EVs we lost in 2023December 6, 2023 | finance.yahoo.comElectraMeccanica Provides Shareholders with December CEO UpdateNovember 30, 2023 | bizjournals.comMesa's ElectraMeccanica, Tevva reach settlement in lawsuit over failed mergerNovember 28, 2023 | finance.yahoo.comElectraMeccanica and Tevva Resolve Merger LitigationNovember 7, 2023 | finance.yahoo.comComplaint Filed Against ElectraMeccanica in Connection With Termination of ArrangementSee More Headlines Receive SOLO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Electrameccanica Vehicles and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/08/2024Today3/28/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorAuto/Tires/Trucks Industry Motor vehicles & car bodies Sub-IndustryN/A Current SymbolNASDAQ:SOLO CUSIPN/A CIK1637736 Webwww.electrameccanica.com Phone(604) 428-7656FaxN/AEmployees34Year FoundedN/APrice Target and Rating Average Stock Price Target$0.40 High Stock Price Target$0.40 Low Stock Price Target$0.40 Potential Upside/Downside+88.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.47) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-57,580,000.00 Net Margins-2,290.59% Pretax Margin-9,470.56% Return on Equity-46.23% Return on Assets-35.84% Debt Debt-to-Equity RatioN/A Current Ratio13.36 Quick Ratio12.91 Sales & Book Value Annual Sales$610,000.00 Price / Sales41.57 Cash FlowN/A Price / Cash FlowN/A Book Value$0.61 per share Price / Book0.35Miscellaneous Outstanding Shares119,500,000Free Float109,099,000Market Cap$25.36 million OptionableNot Optionable Beta2.60 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMs. Susan E. Docherty (Age 61)CEO, Interim COO & Director Comp: $1.72MMr. Stephen Johnston (Age 53)Chief Financial Officer Comp: $377.96kMr. Michael Bridge (Age 59)General Counsel & Corporate Secretary Comp: $661.28kMs. Kim Anne Brink (Age 57)Chief Revenue Officer Mr. Ajay KumarVice President of IT & Chief Information OfficerMr. Conark ShahVice President of Strategy & Chief of StaffMore ExecutivesKey CompetitorsFiskerNYSE:FSRVicinity MotorNASDAQ:VEVCenntroNASDAQ:CENNREE AutomotiveNASDAQ:REEWorkhorse GroupNASDAQ:WKHSView All CompetitorsInsiders & InstitutionsCitadel Advisors LLCSold 2,100 shares on 2/15/2024Ownership: 0.000%Royal Bank of CanadaBought 1,000,000 shares on 2/14/2024Ownership: 0.845%Simplex Trading LLCSold 6,400 shares on 2/2/2024Ownership: 0.000%Jerry KrollSold 50,000 sharesTotal: $16,000.00 ($0.32/share)Jerry KrollSold 100 sharesTotal: $40.00 ($0.40/share)View All Insider TransactionsView All Institutional Transactions SOLO Stock Analysis - Frequently Asked Questions Should I buy or sell Electrameccanica Vehicles stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOLO, but not buy additional shares or sell existing shares. View SOLO analyst ratings or view top-rated stocks. What is Electrameccanica Vehicles' stock price target for 2024? 1 equities research analysts have issued 12 month price targets for Electrameccanica Vehicles' shares. Their SOLO share price targets range from $0.40 to $0.40. On average, they anticipate the company's stock price to reach $0.40 in the next year. This suggests a possible upside of 88.5% from the stock's current price. View analysts price targets for SOLO or view top-rated stocks among Wall Street analysts. How have SOLO shares performed in 2024? Electrameccanica Vehicles' stock was trading at $0.3354 at the beginning of the year. Since then, SOLO shares have decreased by 36.7% and is now trading at $0.2122. View the best growth stocks for 2024 here. When is Electrameccanica Vehicles' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our SOLO earnings forecast. How were Electrameccanica Vehicles' earnings last quarter? Electrameccanica Vehicles Corp. (NASDAQ:SOLO) announced its quarterly earnings data on Friday, March, 8th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.01. Electrameccanica Vehicles had a negative net margin of 2,290.59% and a negative trailing twelve-month return on equity of 46.23%. What other stocks do shareholders of Electrameccanica Vehicles own? Based on aggregate information from My MarketBeat watchlists, some companies that other Electrameccanica Vehicles investors own include NIO (NIO), Tesla (TSLA), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Blink Charging (BLNK), Micron Technology (MU), Workhorse Group (WKHS), Pfizer (PFE), NVIDIA (NVDA) and Carnival Co. & (CCL). Who are Electrameccanica Vehicles' major shareholders? Electrameccanica Vehicles' stock is owned by a variety of retail and institutional investors. Top institutional investors include Royal Bank of Canada (0.84%), Citadel Advisors LLC (0.00%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. How do I buy shares of Electrameccanica Vehicles? Shares of SOLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SOLO) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Electrameccanica Vehicles Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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