Lightning eMotors (NYSE:ZEV – Get Rating) was downgraded by analysts at Oppenheimer from an “outperform” rating to a “market perform” rating in a note issued to investors on Monday, The Fly reports.
Several other equities research analysts also recently weighed in on ZEV. Northland Securities reduced their price objective on shares of Lightning eMotors from $6.50 to $2.50 and set an “outperform” rating for the company in a report on Monday, December 5th. DA Davidson cut their price target on shares of Lightning eMotors to $4.00 in a report on Tuesday, November 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.10.
Lightning eMotors Stock Performance
ZEV stock opened at $0.34 on Monday. The company has a market capitalization of $30.73 million, a P/E ratio of 0.73 and a beta of 2.94. The company has a 50-day simple moving average of $0.67 and a 200 day simple moving average of $1.05. Lightning eMotors has a fifty-two week low of $0.29 and a fifty-two week high of $6.05. The company has a quick ratio of 4.86, a current ratio of 6.39 and a debt-to-equity ratio of 1.32.
Institutional Trading of Lightning eMotors
Lightning eMotors Company Profile
Lightning eMotors, Inc designs, manufactures, and sells zero-emission commercial fleet vehicles and powertrains to commercial fleets, large enterprises, original equipment manufacturers, and governments in the United States. It offers zero-emission class 3 to 7 battery electric and fuel cell electric vehicles.
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