Envirotech Vehicles Stock Today
| EVTV Stock | USD 2.18 0.05 2.24% |
Performance12 of 100
| Odds Of DistressLess than 19
|
Envirotech Vehicles is selling for under 2.18 as of the 24th of April 2024; that is -2.24 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.18. Envirotech Vehicles has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Envirotech Vehicles are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 6th of July 2022 | Category Consumer Cyclical | Classification Consumer Discretionary |
Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 15.52 M outstanding shares of which 198.12 K shares are currently shorted by private and institutional investors with about 5.57 trading days to cover. More on Envirotech Vehicles
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Follow Valuation Profit Patterns Odds of Bankruptcy
Report 23rd of September 2024
Envirotech Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Envirotech Vehicles' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Envirotech Vehicles or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Board | Phillip Oldridge | ||||
| Thematic Idea | Automobiles and Trucks (View all Themes) | ||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Manufacturers, Consumer Cyclical (View all Sectors) | ||||
Envirotech Vehicles' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Envirotech Vehicles' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Envirotech Vehicles' financial leverage. It provides some insight into what part of Envirotech Vehicles' total assets is financed by creditors.
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Envirotech Vehicles (EVTV) is traded on NASDAQ Exchange in USA. It is located in 1425 Ohlendorf Road, Osceola, AR, United States, 72370 and employs 14 people. Envirotech Vehicles is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Envirotech Vehicles's market, we take the total number of its shares issued and multiply it by Envirotech Vehicles's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Envirotech Vehicles conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 15.52 M outstanding shares of which 198.12 K shares are currently shorted by private and institutional investors with about 5.57 trading days to cover.
Envirotech Vehicles currently holds about 4.6 M in cash with (7.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check Envirotech Vehicles Probability Of Bankruptcy
Ownership AllocationEnvirotech Vehicles retains a total of 15.52 Million outstanding shares. Envirotech Vehicles shows 16.73 percent of its outstanding shares held by insiders and 5.74 percent owned by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Envirotech Ownership Details
Envirotech Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Envirotech Vehicles jumping above the current price in 90 days from now is about 61.47%. The Envirotech Vehicles probability density function shows the probability of Envirotech Vehicles stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.3362 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Envirotech Vehicles will likely underperform. Additionally, envirotech Vehicles has an alpha of 0.9934, implying that it can generate a 0.99 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Envirotech Vehicles to move above the current price in 90 days from now is about 61.47 (This Envirotech Vehicles probability density function shows the probability of Envirotech Stock to fall within a particular range of prices over 90 days) .
Envirotech Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Envirotech Vehicles that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Envirotech Vehicles' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Envirotech Vehicles' value.| Instituion | Recorded On | Shares | |
| Atwood & Palmer Inc | 2023-12-31 | 650 | |
| Fmr Inc | 2023-12-31 | 301 | |
| Ubs Group Ag | 2023-12-31 | 175 | |
| Wells Fargo & Co | 2023-12-31 | 96.0 | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 60.0 | |
| Simplex Trading, Llc | 2023-12-31 | 43.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 26.0 | |
| Bank Of America Corp | 2023-12-31 | 21.0 | |
| Davis Capital Management | 2024-03-31 | 3.0 | |
| Vanguard Group Inc | 2023-12-31 | 458.7 K | |
| Blackrock Inc | 2023-12-31 | 162.5 K |
Envirotech Vehicles Historical Income Statement
Envirotech Vehicles Income Statement is one of the three primary financial statements used for reporting Envirotech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Envirotech Vehicles revenue and expense. Envirotech Vehicles Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Envirotech Vehicles' Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 5.3 M in 2024, despite the fact that Operating Income is likely to grow to (41.7 M). View More FundamentalsEnvirotech Stock Against Markets
Picking the right benchmark for Envirotech Vehicles stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Envirotech Vehicles stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Envirotech Vehicles is critical whether you are bullish or bearish towards Envirotech Vehicles at a given time. Please also check how Envirotech Vehicles' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Envirotech Vehicles without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Envirotech Vehicles Corporate Management
Elected by the shareholders, the Envirotech Vehicles' board of directors comprises two types of representatives: Envirotech Vehicles inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Envirotech. The board's role is to monitor Envirotech Vehicles' management team and ensure that shareholders' interests are well served. Envirotech Vehicles' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Envirotech Vehicles' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christian Rodich | Chief Officer | Profile | |
| Douglas Campoli | Chief Officer | Profile | |
| Richard Ross | Executive America | Profile | |
| Theodore Thordarson | G Mang | Profile |
How to buy Envirotech Stock?
Before investing in Envirotech Vehicles, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Envirotech Vehicles. To buy Envirotech Vehicles stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Envirotech Vehicles. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Envirotech Vehicles stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Envirotech Vehicles stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Envirotech Vehicles stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Envirotech Vehicles, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.
Already Invested in Envirotech Vehicles?
The danger of trading Envirotech Vehicles is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Envirotech Vehicles is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Envirotech Vehicles. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Envirotech Vehicles is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Envirotech Vehicles is a strong investment it is important to analyze Envirotech Vehicles' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Envirotech Vehicles' future performance. For an informed investment choice regarding Envirotech Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envirotech Vehicles. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Envirotech Stock analysis
When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.
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Is Envirotech Vehicles' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Envirotech Vehicles. If investors know Envirotech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Envirotech Vehicles listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 0.19 | Quarterly Revenue Growth (0.94) | Return On Assets (0.17) | Return On Equity (0.48) |
The market value of Envirotech Vehicles is measured differently than its book value, which is the value of Envirotech that is recorded on the company's balance sheet. Investors also form their own opinion of Envirotech Vehicles' value that differs from its market value or its book value, called intrinsic value, which is Envirotech Vehicles' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Envirotech Vehicles' market value can be influenced by many factors that don't directly affect Envirotech Vehicles' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Envirotech Vehicles' value and its price as these two are different measures arrived at by different means. Investors typically determine if Envirotech Vehicles is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envirotech Vehicles' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.