Envirotech Vehicles (NASDAQ:EVTV) Trading 0.5% Higher

Envirotech Vehicles, Inc. (NASDAQ:EVTV) shares rose 0.5% during trading on Tuesday . The company traded as high as $2.31 and last traded at $2.22. Approximately 18,799 shares changed hands during trading, a decline of 45% from the average daily volume of 34,010 shares. The stock had previously closed at $2.21.

Envirotech Vehicles Price Performance

The firm has a market cap of $34.46 million, a P/E ratio of -0.67 and a beta of 2.83. The company’s 50 day moving average is $2.47 and its two-hundred day moving average is $1.86.

Institutional Trading of Envirotech Vehicles

A hedge fund recently bought a new stake in Envirotech Vehicles stock. PFG Investments LLC bought a new position in Envirotech Vehicles, Inc. (NASDAQ:EVTV) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 23,500 shares of the company’s stock, valued at approximately $63,000. PFG Investments LLC owned 0.15% of Envirotech Vehicles at the end of the most recent reporting period. Institutional investors and hedge funds own 5.65% of the company’s stock.

About Envirotech Vehicles

Envirotech Vehicles, Inc provides zero-emission electric vehicles in the United States. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.