Lion Electric Co (NYSE:LEV) price on Friday, August 02, fall -1.50% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.61.
A look at the stock’s price movement, the close in the last trading session was $0.62. Turning to its 52-week performance, $2.54 and $0.62 were the 52-week high and 52-week low respectively. Overall, LEV moved -32.63% over the past month.
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Lion Electric Co’s market cap currently stands at around $137.11 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LEV is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
LEV’s current price about -30.00% and -36.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 24.37, while 7-day volatility ratio is 12.79% and 7.12% in the 30-day chart. Further, Lion Electric Co (LEV) has a beta value of 2.16, and an average true range (ATR) of 0.06.
If we refocus on Lion Electric Co (NYSE:LEV), historical trading data shows that trading volumes averaged 423.75K over the past 3 months. The company’s latest data on shares outstanding shows there are 218.08 million shares.
The 46.96% of Lion Electric Co’s shares are in the hands of company insiders while institutional holders own 6.33% of the company’s shares. Current price change has pushed the stock -65.76% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LEV stock continues to rise going into the next quarter.
