Atlis Motor Vehicles Inc. (NASDAQ:AMV) shares traded 276.12% higher at $10.08 on Wall Street last session.
In accordance with the data, 1 analysts cover Atlis Motor Vehicles Inc. (NASDAQ:AMV). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $15.00, we find $15.00. Given the previous closing price of $2.68, this indicates a potential upside of 459.7 percent. AMV stock price is now 27.14% away from the 50-day moving average and -20.94% away from the 200-day moving average. The market capitalization of the company currently stands at $396.29M.
It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $15.00 as their price target over the next twelve months.
A total of 0.21% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AMV stock. A new stake in Atlis Motor Vehicles Inc. shares was purchased by COVINGTON CAPITAL MANAGEMENT during the first quarter worth $2,000. GLOBAL RETIREMENT PARTNERS, LLC invested $2,000 in shares of AMV during the first quarter.
Atlis Motor Vehicles Inc. (NASDAQ: AMV) opened at $2.67 on Wednesday. During the past 12 months, Atlis Motor Vehicles Inc. has had a low of $2.51 and a high of $243.99. The fifty day moving average price for AMV is $7.93 and a two-hundred day moving average price translates $11.79 for the stock.
The latest earnings results from Atlis Motor Vehicles Inc. (NASDAQ: AMV) was released for Jun, 2022.
Atlis Motor Vehicles Inc.(AMV) Company Profile
Atlis Motor Vehicles, Inc. develops and manufactures electric vehicle trucks and charging infrastructure. The company offers ATLIS Energy, a superior battery technology solution; ATLIS Charging, an advanced charging station; ATLIS XP; and ATLIS XT pickup truck. Its target customers for the Atlis XT are work vehicle fleet owners and individual buyers; and Atlis XP Platform are work vehicle and upfit vehicle manufacturers. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.