Envirotech Vehicles (NASDAQ:EVTV) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Envirotech Vehicles (NASDAQ:EVTV) from a strong sell rating to a hold rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Envirotech Vehicles in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Envirotech Vehicles Stock Performance

Shares of EVTV stock opened at $1.77 on Friday. Envirotech Vehicles has a fifty-two week low of $0.33 and a fifty-two week high of $5.07. The stock has a 50 day moving average price of $1.73 and a two-hundred day moving average price of $1.54. The company has a market capitalization of $6.25 million, a P/E ratio of -0.14 and a beta of 0.76.

Envirotech Vehicles (NASDAQ:EVTV) last announced its quarterly earnings data on Monday, April 13th. The company reported ($2.34) earnings per share for the quarter. Envirotech Vehicles had a negative net margin of 753.60% and a negative return on equity of 152.81%. The company had revenue of $2.49 million during the quarter.

Envirotech Vehicles Company Profile

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.