Stock FAQs

why solo stock is up

by Mr. Maximillian Volkman Sr. Published 3 years ago Updated 2 years ago
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SOLO investors have a mind of their own, you could say. That makes sense since the company and its cars tend to appeal to independent thinkers. As for the SOLO stock price, it has shown a tendency to churn sideways for a while and then spike hard from time to time.

Full Answer

Will solo stock price drop / fall?

Apr 17, 2022 · Electrameccanica Vehicles' stock was trading at $1.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SOLO stock has increased by 27.1% and is now trading at $1.97. View which stocks have been …

Should you invest in solo stock?

Apr 28, 2022 · Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will …

What is the solo stock price target in 14 days?

SOLO | Complete Electrameccanica Vehicles Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Will solo stock ever get un-stuck?

SOLO's price/sales ratio is 424.7; this is 30235.71% higher than that of the median Consumer Cyclical stock. SOLO's price/earnings ratio has moved up 0.7 over the prior 37 months. Over …

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Will SOLO stock rise?

Electrameccanica Vehicles Corp (NASDAQ:SOLO)

The 3 analysts offering 12-month price forecasts for Electrameccanica Vehicles Corp have a median target of 7.55, with a high estimate of 13.76 and a low estimate of 6.90. The median estimate represents a +320.40% increase from the last price of 1.80.

Is SOLO a good stock investment?

The financial health and growth prospects of SOLO, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

Is SOLO a good buy right now?

Aegis Capital is very positive about SOLO and gave it a "$4.00 - $7.00" rating on Mar 24, 2021. The price target was changed from 4.48 to 11.98.

Is SOLO Stock profitable?

Earnings and Revenue History

Growing Profit Margin: SOLO is currently unprofitable.

Is SOLO stock undervalued?

Is Electrameccanica Vehicles Corp Ltd Stock Undervalued? The current Electrameccanica Vehicles Corp Ltd [SOLO] share price is $2.17. The Score for SOLO is 30, which is 40% below its historic median score of 50, and infers higher risk than normal.

Is SOLO a Chinese company?

(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.

Does SOLO stock pay dividends?

SOLO does not currently pay a dividend.Apr 14, 2022

Is IDEX a good stock to buy?

Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.Feb 8, 2022

Is Electrameccanica stock a buy?

There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Electrameccanica Vehicles stock. View analyst ratings for Electrameccanica Vehicles or view top-rated stocks.

Who owns SOLO stock?

Institutional investors purchased a net $4.4 million shares of SOLO during the quarter ended March 2019.
...
Top 10 Owners of Electrameccanica Vehicles Corp.
StockholderSusquehanna Investment Group LLC
Shares owned468,473
Total value ($)1,016,586
Shares bought / sold+69,500
Total change+17.42%
9 more columns

How many vehicles has SOLO 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.Dec 6, 2021

How do I buy a stock SOLO?

How to Buy ElectraMeccanica Vehicles (SOLO) Stock
  1. Pick a brokerage. If you want to take a shot with SOLO stock, you must first pick a brokerage. ...
  2. Decide how many shares you want. ...
  3. Choose your order type. ...
  4. Execute your trade.
May 13, 2021

Is Electrameccanica Vehicles a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last year. There are currently 2 buy rati...

How has Electrameccanica Vehicles' stock been impacted by Coronavirus (COVID-19)?

Electrameccanica Vehicles' stock was trading at $1.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the Worl...

When is Electrameccanica Vehicles' next earnings date?

Electrameccanica Vehicles is scheduled to release its next quarterly earnings announcement on Tuesday, March 22nd 2022. View our earnings forecast...

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) posted its quarterly earnings data on Monday, March, 22nd. The company reported ($0.50) earnings per...

What price target have analysts set for SOLO?

2 Wall Street analysts have issued 1 year target prices for Electrameccanica Vehicles' shares. Their forecasts range from $7.00 to $7.00. On averag...

Who are Electrameccanica Vehicles' key executives?

Electrameccanica Vehicles' management team includes the following people: Kevin Pavlov , Director, Chief Executive & Operating Officer Baljinder...

Who are some of Electrameccanica Vehicles' key competitors?

Some companies that are related to Electrameccanica Vehicles include Stagecoach Group (SAGKF) , Niu Technologies (NIU) , Workhorse Group (WKHS)...

What other stocks do shareholders of Electrameccanica Vehicles own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Electrameccanica Vehicles investors own include NIO (NIO)...

What is Electrameccanica Vehicles' stock symbol?

Electrameccanica Vehicles trades on the NASDAQ under the ticker symbol "SOLO."

Is Electrameccanica Vehicles a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrameccanica Vehicles in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Electrameccanica Vehicles stock.#N#View analyst ratings for Electrameccanica Vehicles or view top-rated stocks.

What stocks does MarketBeat like better than Electrameccanica Vehicles?

Wall Street analysts have given Electrameccanica Vehicles a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Electrameccanica Vehicles wasn't one of them.

When is Electrameccanica Vehicles' next earnings date?

Electrameccanica Vehicles is scheduled to release its next quarterly earnings announcement on Tuesday, November 9th 2021.#N#View our earnings forecast for Electrameccanica Vehicles.

How were Electrameccanica Vehicles' earnings last quarter?

Electrameccanica Vehicles Corp. (NASDAQ:SOLO) issued its quarterly earnings results on Monday, March, 22nd. The company reported ($0.50) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.37.

How has Electrameccanica Vehicles' stock been impacted by COVID-19?

Electrameccanica Vehicles' stock was trading at $1.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SOLO shares have increased by 131.0% and is now trading at $3.58.#N#View which stocks have been most impacted by COVID-19.

What price target have analysts set for SOLO?

4 equities research analysts have issued twelve-month price objectives for Electrameccanica Vehicles' shares. Their forecasts range from $7.00 to $12.25. On average, they expect Electrameccanica Vehicles' share price to reach $9.42 in the next twelve months.

Who are some of Electrameccanica Vehicles' key competitors?

Some companies that are related to Electrameccanica Vehicles include The Shyft Group (SHYF), Workhorse Group (WKHS), Lordstown Motors (RIDE), Ideanomics (IDEX), REV Group (REVG), Electric Last Mile Solutions (ELMS), Stagecoach Group (SAGKF), Lightning eMotors (ZEV), Kandi Technologies Group (KNDI), Property Solutions Acquisition (PSAC), Faraday Future Intelligent Electric (FFIE), Elio Motors (ELIO), Greenkraft (GKIT), Tongxin International (TXIC) and T3M (TTTM).#N#View all of SOLO's competitors..

Signals & Forecast

Mostly positive signals in the chart today. The ElectraMeccanica Vehicles Corp. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average.

Support, Risk & Stop-loss

ElectraMeccanica Vehicles Corp. finds support from accumulated volume at $3.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

Is ElectraMeccanica Vehicles Corp. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Component Grades

We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.

SOLO POWR Grades

SOLO scores best on the Momentum dimension, with a Momentum rank ahead of 58.15% of US stocks.

SOLO Stock Summary

Electrameccanica Vehicles Corp's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than just 6.24% of US listed stocks.

SOLO Valuation Summary

SOLO's price/sales ratio is 424.7; this is 30235.71% higher than that of the median Consumer Cyclical stock.

SOLO's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

Latest SOLO News From Around the Web

Below are the latest news stories about Electrameccanica Vehicles Corp that investors may wish to consider to help them evaluate SOLO as an investment opportunity.

Continue Researching SOLO

Want to see what other sources are saying about Electrameccanica Vehicles Corp's financials and stock price? Try the links below:

A Closer Look at SOLO Stock

Here’s what’s interesting about SOLO stock. It doesn’t just follow Tesla (NASDAQ: TSLA) stock around like a puppy dog. SOLO investors have a mind of their own, you could say.

Coming to America

Is “marketing” a dirty word? Some folks might believe so, but start-up companies must be proactive in spreading awareness of what they have to offer and letting people know how they’re different from competitors.

Raising Awareness

Nonetheless, the people aren’t going to care about Electrameccanica’s unusual-looking cars if they’re not aware that those cars exist.

The Bottom Line

Electrameccanica truly is a unique electric vehicle maker. You just never know what the company might do next, and that’s not necessarily a bad thing.

Thinking About Buying Stock Or Options In Dolphin Entertainment, Electrameccanica Vehicles Or Baidu?

Digital Influencer Marketing firm Be Social Group, a wholly-owned subsidiary of Dolphin Entertainment Inc (NASDAQ: DLPN), launches its Showroom concept today, hosting a two-day Summer Showroom in West Hollywood.

15 Best Penny Stocks to Buy Now

In this article, we discuss the 15 best penny stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Penny Stocks to Buy Now. Retail investors who do not have the billions of dollars that institutional investors have access to often look towards penny […]

ElectraMeccanica Vehicles Corp. (SOLO) Reports Q2 Loss, Tops Revenue Estimates

ElectraMeccanica Vehicles Corp. (SOLO) delivered earnings and revenue surprises of 0.00% and 232.22%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Will ElectraMeccanica Vehicles Corp. (SOLO) Report Negative Q2 Earnings? What You Should Know

ElectraMeccanica Vehicles Corp. (SOLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 Under The Radar EV Stocks Set To Explode This Summer

Tesla has dominated the EV sector in recent yeas, but this “second wave” of electric vehicles could benefit 2 stocks that are not EV manufacturers

Should You Buy Electrameccanica (SOLO) Ahead of Earnings?

Electrameccanica (SOLO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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