Electrameccanica Vehicles Corp. is in the autos industry and is part of the consumer cyclical sector. The company CEO is Jerry Kroll. Electrameccanica Vehicles Corp is an electronic vehicle company. It is engaged in manufacturing and selling of electronic vehicle in Canada.



Previous Intraday Performance:

The SOLO shares had a previous change of -9.16% which opened at 3.68 and closed at 3.37. It moved to an intraday high of 3.70 and a low of 3.33.

SeekingAlpha:  EV Company News For The Month Of February 2019

Historical Performance:

Over the last five trading days, SOLO shares returned -10.13% and in the past 30 trading days it returned 155.30%. Over three months, it changed 185.62%. In one year it has changed -45.65% and within that year its 52-week high was 7.48 and its 52-week low was 0.90. SOLO stock is 274.44% above its 52 Week Low.

Our calculations result in a 200 day moving average of 2.48 and a 50 day moving average of 2.46. Right now, SOLO stock is trading 35.88% above its 200 day moving average.

SeekingAlpha:  EV Company News For The Month Of February 2019

Liquidity:

The company has a market cap of $109.1m with 32.4m shares outstanding and a float of 32.4m shares. Trading volume was 840,542 shares and has experienced an average volume of 4,818,898 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Electrameccanica Vehicles Corp. was -0.56 which ended on 31st of December 2017. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.12.

Below was the last reported quarterly earnings per share:
09-30-2018:  -0.12
06-30-2018:  -0.15

The next earnings report will be: 03-21-2019

The growth of the EPS is critical in understanding the current valuation of Electrameccanica Vehicles Corp..



Indicators Also to Watch:

Based on the latest filings, there is 2.40% of institutional ownership.

I calculated the beta to be 3.70

SeekingAlpha:  Telecom Italia -4.7% as board tension ratchets up

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -128.51%, return on assets is -95.83%, price-to-sales is 244.10 and price-to-book is 9.53.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 3  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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