Canoo Inc (GOEV) concluded trading on Wednesday at a closing price of $0.48, with 5.41 million shares of worth about $2.59 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -81.25% during that period and on November 20, 2024 the price saw a gain of about 2.28%. Currently the company’s common shares owned by public are about 96.78M shares, out of which, 88.41M shares are available for trading.
Stock saw a price change of -23.09% in past 5 days and over the past one month there was a price change of -49.86%. Year-to-date (YTD), GOEV shares are showing a performance of -91.89% which decreased to -94.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.37 but also hit the highest price of $8.81 during that period. The average intraday trading volume for Canoo Inc shares is 4.87 million. The stock is currently trading -22.91% below its 20-day simple moving average (SMA20), while that difference is down -43.37% for SMA50 and it goes to -75.54% lower than SMA200.
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Canoo Inc (NASDAQ: GOEV) currently have 96.78M outstanding shares and institutions hold larger chunk of about 17.06% of that.
The stock has a current market capitalization of $46.45M and its 3Y-monthly beta is at 1.23. It has posted earnings per share of -$3.48 in the same period. It has Quick Ratio of 0.09 while making debt-to-equity ratio of 0.34. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOEV, volatility over the week remained 14.75% while standing at 17.37% over the month.
Stock’s fiscal year EPS is expected to rise by 81.45% while it is estimated to increase by 30.58% in next year.
Coverage by The Benchmark Company stated Canoo Inc (GOEV) stock as a Buy in their note to investors on April 17, 2024, suggesting a price target of $5 for the stock. On January 05, 2024, Wedbush Initiated their recommendations, while on September 16, 2022, Stifel Initiated their ratings for the stock with a price target of $4. Stock get a Buy rating from ROTH Capital on December 16, 2021.
