NeoVolta (NASDAQ:NEOV – Free Report) had its price objective hoisted by Maxim Group from $4.25 to $4.75 in a research report report published on Tuesday, Benzinga reports. They currently have a buy rating on the stock.
NeoVolta Trading Up 3.0 %
NEOV stock opened at $3.40 on Tuesday. The firm has a market cap of $113.00 million, a PE ratio of -56.67 and a beta of -2.03. The stock has a 50-day moving average price of $2.95 and a 200-day moving average price of $2.52. NeoVolta has a 1-year low of $0.63 and a 1-year high of $3.87.
NeoVolta (NASDAQ:NEOV – Get Free Report) last released its earnings results on Friday, September 27th. The company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). NeoVolta had a negative return on equity of 32.41% and a negative net margin of 68.01%. The business had revenue of $0.58 million during the quarter.
About NeoVolta
NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.
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