Canoo Inc (GOEV) concluded trading on Wednesday at a closing price of $1.58, with 6.71 million shares of worth about $10.6 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -97.16% during that period and on January 15, 2025 the price saw a gain of about 19.70%. Currently the company’s common shares owned by public are about 14.49M shares, out of which, 14.16M shares are available for trading.
Stock saw a price change of 17.91% in past 5 days and over the past one month there was a price change of -54.86%. Year-to-date (YTD), GOEV shares are showing a performance of 12.06% which decreased to -98.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.04 but also hit the highest price of $102.07 during that period. The average intraday trading volume for Canoo Inc shares is 2.60 million. The stock is currently trading 0.38% above its 20-day simple moving average (SMA20), while that difference is down -71.45% for SMA50 and it goes to -94.68% lower than SMA200.
Canoo Inc (NASDAQ: GOEV) currently have 14.49M outstanding shares and institutions hold larger chunk of about 5.80% of that.
The stock has a current market capitalization of $22.89M and its 3Y-monthly beta is at 1.30. It has posted earnings per share of -$69.60 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 21.49% while standing at 22.24% over the month.
Analysts are in expectations that Canoo Inc (GOEV) stock would likely to be making an EPS of -13.8 in the current quarter, while forecast for next quarter EPS is -8.8 and it is -39.8 for next year. For the current quarter EPS, analysts have given the company a lowest target -13.8 which is -13.8 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -34.6 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 81.20% while it is estimated to increase by 41.48% in next year.
On April 17, 2024, The Benchmark Company Initiated their recommendations, while on January 05, 2024, Wedbush Initiated their ratings for the stock with a price target of $4. Stock get a Buy rating from Stifel on September 16, 2022.
