Stock FAQs

why is solo stock down today

by Martin Kohler DDS Published 3 years ago Updated 2 years ago
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Is SOLO stock a good buy today?

and has now fallen 3 days in a row. During the day the stock fluctuated 4.65% from a day low at $1.72 to a day high of $1.80....Predicted Opening Price for ElectraMeccanica Vehicles Corp. of Monday, May 9, 2022.Fair opening price May 9, 2022Current price$1.76$1.75 (Undervalued)

Will SOLO stock go back up?

Electrameccanica Vehicles Corp (NASDAQ:SOLO) The 3 analysts offering 12-month price forecasts for Electrameccanica Vehicles Corp have a median target of 7.50, with a high estimate of 14.00 and a low estimate of 7.00. The median estimate represents a +365.84% increase from the last price of 1.61.

Is SOLO a Buy Sell or Hold?

Out of 3 analysts, 3 (100%) are recommending SOLO as a Strong Buy, 0 (0%) are recommending SOLO as a Buy, 0 (0%) are recommending SOLO as a Hold, 0 (0%) are recommending SOLO as a Sell, and 0 (0%) are recommending SOLO as a Strong Sell. What is SOLO's earnings growth forecast for 2022-2024?

Does SOLO have future?

ElectraMeccanica (SOLO) stock forecast 2022-2027 The site's ElectraMeccanica stock forecast sees the share price at $2.15 in January 2024, $2.43 in January 2025, $2.63 in January 2026, and $2.81 in January 2027 though with considerable fluctuations along the way.

How many SOLO cars have been sold?

(NASDAQ: SOLO) (“ElectraMeccanica” or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced as of November 30, 2021 the Company has delivered a total of 42 SOLO EVs to reservation and fleet holders.

What is the target price for SOLO stock?

$7.50Stock Price Target SOLOHigh$14.00Median$7.50Low$7.00Average$9.50Current Price$1.57

Is SOLO a Chinese company?

Company Profile (NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. The company's flagship vehicle is the innovative purpose built, single-seat electric vehicle called the SOLO.

Should I buy Electrameccanica Vehicles stock?

Is Electrameccanica Vehicles a buy right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Electrameccanica Vehicles stock.

Does SOLO stock pay dividends?

SOLO does not currently pay a dividend.

Is Electrameccanica profitable?

Electrameccanica Vehicles is bordering on breakeven, according to the 3 American Auto analysts. They expect the company to post a final loss in 2023, before turning a profit of US$21m in 2024. So, the company is predicted to breakeven approximately 2 years from now.

Will workhorse go up?

Meanwhile, in the long term, a WKHS stock forecast from this same provider was pointing to a price of $16.6 for March 2027. According to data compiled by Seeking Alpha, the consensus rating for Workhorse Group was buy three rated it a strong buy, another a buy, and four holds.

What does SOLO company do?

Company Overview (NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. The company's flagship vehicle is the innovative purpose built, single-seat electric vehicle called the SOLO. This vehicle will revolutionize commuting, delivery and shared mobility.

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