Volcon, Inc. (NASDAQ:VLCN – Get Free Report)’s share price fell 42.8% on Wednesday . The stock traded as low as $1.76 and last traded at $1.83. 3,843,668 shares traded hands during trading, an increase of 47% from the average session volume of 2,608,344 shares. The stock had previously closed at $3.20.
Volcon Stock Down 8.5 %
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 2.07. The business’s 50-day moving average price is $3.86 and its 200-day moving average price is $7.83.
Volcon (NASDAQ:VLCN – Get Free Report) last released its earnings results on Tuesday, November 12th. The company reported ($23.93) earnings per share for the quarter. The company had revenue of $1.08 million during the quarter.
About Volcon
Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.
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