Lion Electric (TSE:LEV) Price Target Cut to C$2.50 by Analysts at Raymond James

Lion Electric (TSE:LEV – Get Rating) had its price target reduced by Raymond James to C$2.50 in a report issued on Tuesday, The Fly reports.

Lion Electric Trading Down 1.3 %

LEV opened at C$2.95 on Tuesday. The firm has a market cap of C$652.04 million, a P/E ratio of 7.20 and a beta of 2.73. Lion Electric has a 12 month low of C$2.50 and a 12 month high of C$11.52. The company has a current ratio of 3.99, a quick ratio of 1.33 and a debt-to-equity ratio of 39.85. The stock has a 50-day moving average of C$3.20 and a 200 day moving average of C$3.67.

About Lion Electric

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The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. Its products include battery systems, chassis, bus bodies, and truck cabins. The company also distributes truck and bus parts, as well as accessories.