GreenPower Motor (CVE:GPV) Shares Down 0.8% – Should You Sell?

GreenPower Motor Company Inc. (CVE:GPV) shares traded down 0.8% during trading on Friday . The company traded as low as C$1.27 and last traded at C$1.28. 9,822 shares traded hands during trading, a decline of 24% from the average session volume of 12,892 shares. The stock had previously closed at C$1.29.

Wall Street Analyst Weigh In

Separately, R. F. Lafferty upgraded shares of GreenPower Motor to a “strong-buy” rating in a research note on Wednesday, September 11th.

GreenPower Motor Stock Down 0.8 %

The company has a debt-to-equity ratio of 204.48, a quick ratio of 0.25 and a current ratio of 1.61. The firm’s 50-day moving average is C$1.49 and its two-hundred day moving average is C$1.50. The stock has a market cap of C$33.91 million, a P/E ratio of -1.13 and a beta of 4.07.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.