Volcon (NASDAQ:EMPD) Upgraded at Aegis

Aegis upgraded shares of Volcon (NASDAQ:EMPD) to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Volcon in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Volcon currently has a consensus rating of “Moderate Buy”.

Volcon Stock Performance

Shares of NASDAQ:EMPD opened at $4.60 on Monday. Volcon has a twelve month low of $3.18 and a twelve month high of $44.09. The firm has a market cap of $139.15 million, a PE ratio of -0.30 and a beta of -0.73. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.45 and a current ratio of 0.27. The business has a fifty day moving average of $4.17 and a 200-day moving average of $5.18.

Volcon (NASDAQ:EMPD) last announced its earnings results on Friday, March 27th. The company reported ($4.84) earnings per share for the quarter. Volcon had a negative net margin of 1,758.79% and a negative return on equity of 72.94%. The business had revenue of ($0.66) million during the quarter.

Insider Buying and Selling

In other news, major shareholder Atg Capital Opportunities Fund acquired 559,183 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was purchased at an average cost of $4.68 per share, for a total transaction of $2,616,976.44. Following the completion of the transaction, the insider directly owned 4,500,000 shares in the company, valued at $21,060,000. This trade represents a 14.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders bought 1,119,771 shares of company stock valued at $5,349,670 in the last three months. 0.13% of the stock is owned by company insiders.

Volcon Company Profile

Volcon, Inc (NASDAQ: EMPD) is a Texas‐based powersports company specializing in the design, development and distribution of electric off-road vehicles. Headquartered in Austin, Volcon aims to introduce zero-emission solutions to the traditionally gas-powered UTV and dirt bike markets. The company’s modular vehicle platforms blend electric drivetrains with rugged chassis designs, targeting recreational and utility riders seeking sustainable alternatives for trail, sand and farm use.

Volcon’s product lineup includes the Stag, a side-by-side utility terrain vehicle (UTV) engineered for work and play; the Grunt, an entry-level electric dirt bike offering trail-ready performance; and the Ranger, a dual-purpose e-adventure motorcycle suited for longer off-road excursions.