GreenPower Motor (CVE:GPV) Stock Price Up 38.1% – Should You Buy?

Shares of GreenPower Motor Company Inc. (CVE:GPVGet Free Report) shot up 38.1% during trading on Saturday . The company traded as high as C$1.56 and last traded at C$1.56. 200,945 shares were traded during trading, an increase of 358% from the average session volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Stock Up 38.1 %

The firm’s 50-day simple moving average is C$1.20 and its two-hundred day simple moving average is C$1.43. The company has a debt-to-equity ratio of 204.48, a current ratio of 1.61 and a quick ratio of 0.25. The company has a market capitalization of C$41.32 million, a price-to-earnings ratio of -1.38 and a beta of 4.07.

About GreenPower Motor

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GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.

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