The stock of Beam Global (NASDAQ:BEEM) last traded at $1.61, up 8.05% from the previous session.
BEEM stock price is now 2.47% away from the 50-day moving average and -44.16% away from the 200-day moving average. The market capitalization of the company currently stands at $24.84M.
On February 13, 2023, Northland Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $25, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, DESMOND WHEATLEY , Officer bought 310 shares of the company’s stock on Feb 03 ’25. The stock was bought for $828 at an average price of $2.67. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 08 ’24, Director DESMOND WHEATLEY bought 310 shares of the business’s stock. A total of $1,471 was incurred on buying the stock at an average price of $4.75. A total of 10.40% of the company’s stock is owned by insiders.
During the past 12 months, Beam Global has had a low of $1.33 and a high of $7.68. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 1.84, and a quick ratio of 0.76. The fifty day moving average price for BEEM is $1.5712 and a two-hundred day moving average price translates $2.88305 for the stock.
The latest earnings results from Beam Global (NASDAQ: BEEM) was released for 2025-03-31. The net profit margin was -57.83% and return on equity was -64.61% for BEEM. The company reported revenue of $6.32 million for the quarter, compared to $14.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -56.57 percent.
