Envirotech Vehicles (NASDAQ:EVTV) Trading 0.5% Higher

Envirotech Vehicles, Inc. (NASDAQ:EVTV) shares rose 0.5% during mid-day trading on Tuesday . The stock traded as high as $2.31 and last traded at $2.22. Approximately 18,799 shares were traded during trading, a decline of 45% from the average daily volume of 34,010 shares. The stock had previously closed at $2.21.

Envirotech Vehicles Stock Performance

The firm’s 50 day simple moving average is $2.47 and its 200-day simple moving average is $1.86. The company has a market cap of $34.46 million, a price-to-earnings ratio of -0.67 and a beta of 2.83.

Institutional Trading of Envirotech Vehicles

An institutional investor recently bought a new position in Envirotech Vehicles stock. PFG Investments LLC purchased a new stake in Envirotech Vehicles, Inc. (NASDAQ:EVTV) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 23,500 shares of the company’s stock, valued at approximately $63,000. PFG Investments LLC owned 0.15% of Envirotech Vehicles at the end of the most recent reporting period. Institutional investors and hedge funds own 5.65% of the company’s stock.

About Envirotech Vehicles

Envirotech Vehicles, Inc provides zero-emission electric vehicles in the United States. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.