GreenPower Motor (CVE:GPV) Stock Price Up 38.1% – Still a Buy?

GreenPower Motor Company Inc. (CVE:GPV) rose 38.1% during trading on Friday . The stock traded as high as C$1.56 and last traded at C$1.56. Approximately 200,945 shares were traded during mid-day trading, an increase of 358% from the average daily volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Price Performance

The company has a current ratio of 1.61, a quick ratio of 0.25 and a debt-to-equity ratio of 204.48. The business’s 50 day moving average price is C$1.20 and its two-hundred day moving average price is C$1.43. The stock has a market cap of C$41.32 million, a P/E ratio of -1.38 and a beta of 4.07.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.