GreenPower Motor (CVE:GPV) Shares Up 38.1% – Still a Buy?

GreenPower Motor Company Inc. (CVE:GPVGet Free Report)’s share price shot up 38.1% during trading on Friday . The company traded as high as C$1.56 and last traded at C$1.56. 200,945 shares changed hands during mid-day 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 Price Performance

The firm has a market capitalization of C$41.32 million, a P/E ratio of -1.38 and a beta of 4.07. The business has a 50-day moving average of C$1.20 and a 200 day moving average of C$1.43. The company has a current ratio of 1.61, a quick ratio of 0.25 and a debt-to-equity ratio of 204.48.

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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