Arcimoto Inc. (FUV) is up 311.80% this year

Arcimoto Inc. (FUV) share price plummeted -9.80% with the closing price of $6.63 on Friday. Arcimoto Inc. stock has an exchanging volume of 0.87 million shares, which is low, contrasted with its 3-months average volume of 1.02M shares. Its market capitalization has now reached to $207.98M and analysts have a consensus target price of $7.75 in the 12-month period.

ROTH Capital announced it was Downgrade coverage of Arcimoto Inc. in a research note on August 20, 2020. Aegis Capital rated the stock as a Buy in a research noted published on June 25, 2020. Dougherty & Company rated the stock as a Buy in a research note published on December 12, 2019.

Arcimoto Teams With Baltimore-Maryland 2026 World Cup Host Committee to Bring 2026 FIFA World Cup and Sustainable Transportation to Baltimore on September 17, 2020 news published at Yahoo.

FUV Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, FUV price has rose by 4.08%. In the course of past three months sees the stock go up around 11.43%, while it has gain 274.58% over the past six months and 311.80% since the start of the year.

FUV Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 268.5 million, which was higher than the gauge of 940k made by certain experts. For that equivalent quarter, Arcimoto Inc. posted -$0.15 earnings per share (EPS) which was underneath the consensus estimate of -$0.11 by -$0.04, which represents to a reduction by -36.40%.

FUV Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Arcimoto Inc. has seen its stock exchanging -19.44% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +41.67% above its three-month low. A more extensive look sees FUV exchanging -25.42% beneath its 52-week high and 586.26% above from its 52-week low price.

FUV Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 11.41%, while it has a month to month instability of 8.74%. The company has an ATR (Average True Range) of 0.56.

Leave a Comment