GreenPower Motor (CVE:GPV) Trading 38.1% Higher – Still a Buy?

GreenPower Motor Company Inc. (CVE:GPV) shares were up 38.1% on Saturday . The company traded as high as C$1.56 and last traded at C$1.56. Approximately 200,945 shares traded hands 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 market capitalization of C$41.32 million, a PE ratio of -1.38 and a beta of 4.07. 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 company’s 50 day moving average price is C$1.20 and its 200-day moving average price is C$1.43.

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.