Lion (OTCMKTS:LIOPF) Issues Earnings Results

Lion (OTCMKTS:LIOPF – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. Lion had a net margin of 6.60% and a return on equity of 8.36%.

Lion Price Performance

Lion stock remained flat at $11.51 during trading hours on Friday. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 16.93 and a beta of 0.34. Lion has a 12-month low of $10.00 and a 12-month high of $11.51. The business has a fifty day moving average price of $11.47 and a 200 day moving average price of $11.38.

About Lion

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The Lion Electric Company is a Canadian manufacturer of all-electric medium- and heavy-duty vehicles. The company develops and produces zero-emission school buses, transit buses, and commercial trucks designed for applications such as student transportation, urban transit, delivery, and other fleet operations.

Founded in 2008 and headquartered in Saint-Jérôme, Quebec, Lion has focused on building electric vehicles specifically for the North American market. Its product portfolio has included battery-electric school buses, shuttle and transit buses, and commercial trucks, along with related electric-vehicle systems and battery solutions.

The company serves customers in Canada and the United States, including school districts, transit agencies, municipalities, and commercial fleet operators.

Further Reading

Earnings History for Lion (OTCMKTS:LIOPF)

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