Oppenheimer cut shares of Lightning eMotors (NYSE:ZEV – Get Rating) from an outperform rating to a market perform rating in a report released on Monday morning, The Fly reports.
ZEV has been the subject of a number of other reports. Northland Securities cut their price target 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 objective on Lightning eMotors to $4.00 in a report on Tuesday, November 15th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Lightning eMotors has an average rating of Moderate Buy and a consensus price target of $7.10.
Lightning eMotors Stock Performance
ZEV stock opened at $0.34 on Monday. 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. 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.
Institutional Investors Weigh In On 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.
- Get a free copy of the StockNews.com research report on Lightning eMotors (ZEV)
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