Lightning eMotors (NYSE:ZEV – Get Rating) had its price objective trimmed by Northland Securities from $2.50 to $1.50 in a research note released on Tuesday, The Fly reports.
Other equities research analysts also recently issued research reports about the company. DA Davidson dropped their price objective on Lightning eMotors to $4.00 in a research report on Tuesday, November 15th. Oppenheimer cut Lightning eMotors from an outperform rating to a market perform rating in a research report on Monday.
Lightning eMotors Stock Performance
ZEV stock opened at $0.32 on Tuesday. 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 business’s fifty day simple moving average is $0.67 and its two-hundred day simple moving average is $1.04. Lightning eMotors has a twelve month low of $0.29 and a twelve month high of $6.05. The firm has a market cap of $28.75 million, a price-to-earnings ratio of 4.00 and a beta of 2.94.
Hedge Funds Weigh In On Lightning eMotors
About Lightning eMotors
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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