Microvast (MVST) Scheduled to Post Quarterly Earnings on Monday

Microvast (NASDAQ:MVSTGet Free Report) will issue its quarterly earnings data after the market closes on Monday, April 1st. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Microvast Stock Performance

Shares of MVST stock opened at $0.74 on Monday. The stock has a fifty day moving average of $0.84 and a 200 day moving average of $1.23. Microvast has a 52 week low of $0.53 and a 52 week high of $2.91. The firm has a market capitalization of $232.72 million, a price-to-earnings ratio of -1.99 and a beta of 1.47. The company has a quick ratio of 0.82, a current ratio of 1.20 and a debt-to-equity ratio of 0.13.

Institutional Investors Weigh In On Microvast

Several large investors have recently bought and sold shares of MVST. Prudential Financial Inc. bought a new stake in Microvast in the 2nd quarter worth about $26,000. American Century Companies Inc. bought a new stake in Microvast in the 4th quarter worth about $30,000. Alliancebernstein L.P. bought a new stake in Microvast in the 3rd quarter worth about $31,000. Baker Avenue Asset Management LP bought a new stake in Microvast in the 4th quarter worth about $35,000. Finally, Principal Financial Group Inc. increased its holdings in Microvast by 90.7% in the 4th quarter. Principal Financial Group Inc. now owns 27,087 shares of the company’s stock worth $38,000 after buying an additional 12,884 shares in the last quarter. 22.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald reissued an “overweight” rating and set a $8.00 price objective on shares of Microvast in a research report on Wednesday, December 13th.

Check Out Our Latest Analysis on MVST

About Microvast

(Get Free Report)

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. It delivers cutting-edge battery systems that empower a sustainable future. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.

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Earnings History for Microvast (NASDAQ:MVST)

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