Envirotech Vehicles (NASDAQ:EVTV) Stock Price Up 0.6% – Should You Buy?

Shares of Envirotech Vehicles, Inc. (NASDAQ:EVTV) traded up 0.6% during trading on Tuesday . The company traded as high as $1.93 and last traded at $1.71. 2,578,252 shares were traded during mid-day trading, an increase of 148% from the average session volume of 1,040,399 shares. The stock had previously closed at $1.70.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EVTV. Wall Street Zen cut shares of Envirotech Vehicles to a “strong sell” rating in a research report on Saturday, February 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Envirotech Vehicles in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Envirotech Vehicles Stock Up 0.6%

The business’s 50 day moving average price is $2.03 and its 200-day moving average price is $1.60. The company has a market cap of $6.04 million, a PE ratio of -0.15 and a beta of 0.77.

Envirotech Vehicles Company Profile

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.