Volcon (NASDAQ:EMPD) Trading 3.7% Higher – Still a Buy?

Shares of Volcon, Inc. (NASDAQ:EMPD) shot up 3.7% during trading on Tuesday . The company traded as high as $7.67 and last traded at $7.58. 660,003 shares were traded during trading, a decline of 15% from the average session volume of 778,537 shares. The stock had previously closed at $7.31.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Volcon to a “sell” rating in a report on Saturday, July 26th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Volcon Trading Up 3.7%

The business has a fifty day moving average price of $9.47 and a 200 day moving average price of $7.33.

Volcon (NASDAQ:EMPD) last released its quarterly earnings data on Tuesday, August 12th. The company reported ($7.57) earnings per share (EPS) for the quarter. The firm had revenue of $0.70 million for the quarter. Volcon had a negative net margin of 720.28% and a negative return on equity of 282.87%.

About Volcon

Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.