XL Fleet Corp. (NYSE:XL) shares, rose in value on Thursday, Jan 14, with the stock price up by 0.53% to the previous day’s close as strong demand from buyers drove the stock to $22.14.
Actively observing the price movement in the recent trading, the stock is buoying the session at $22.02, falling within a range of $21.81 and $23.52. The value of beta (5-year monthly) is 0 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $35, and the low was $9.5. On the whole, XL has fluctuated by 36.01% over the past month.
Analysts have estimated the company’s revenue for the quarter at $3.09 Billion, with a low estimate of $3.09 Billion and a high estimate of $3.09 Billion. According to the average forecast, sales growth in current quarter could jump up +0.6%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $15.69 Billion, representing an increase of 6.4% from the revenues reported in the last year’s results.
We see that XL’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
A comparison of XL Fleet Corp. (XL) with its peers suggests the former has fared considerably better in the market. XL showed an intraday change of +0.53% in today’s session so far, and over the past year, it grew by +124.01%. In comparison, Ferrari N.V. (RACE) has moved lower at -0.86% today and is up +29.23% over the past 12 months. On the other hand, the price of Magna International (MGA) has risen 0.17% today. The stock, however, is off 40.51% from where it was a year ago. Additionally, there is a gain of 53% for Luminar Technologies Inc (LAZR) in recent trading while the stock has seen an overall apprecation of 124.01% over the past year. The PE ratio stands at 0 for XL Fleet Corp., compared to 49.43 for Ferrari N.V., and 50.59 for Magna International. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.21%. Meanwhile, the Dow Jones Industrial improved by 0.37%.
Data on historical trading for XL Fleet Corp. (NYSE:XL) indicates that the trading volumes over the past 10 days have averaged 9.81 Million and over the past 3 months, they’ve averaged 7.08 Million. According to company’s latest data on outstanding shares, there are 130Million shares outstanding.
Even if you’re not actively in crypto, you deserve to know what’s actually going on..
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.