GreenPower Motor (CVE:GPV) Shares Up 38.1% – Here’s What Happened

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

The company has a fifty day simple moving average of C$1.20 and a 200 day simple moving average of C$1.43. The stock has a market capitalization of C$41.32 million, a price-to-earnings ratio of -1.38 and a beta of 4.07. The company has a debt-to-equity ratio of 204.48, a quick ratio of 0.25 and a current ratio of 1.61.

About GreenPower Motor

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.