Virtu Financial LLC Invests $34,000 in GreenPower Motor Company Inc. (NASDAQ:GP)

Virtu Financial LLC acquired a new stake in shares of GreenPower Motor Company Inc. (NASDAQ:GP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,092 shares of the company’s stock, valued at approximately $34,000. Virtu Financial LLC owned about 0.09% of GreenPower Motor as of its most recent filing with the Securities and Exchange Commission.

Separately, Axxcess Wealth Management LLC lifted its position in GreenPower Motor by 55.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 280,000 shares of the company’s stock worth $384,000 after acquiring an additional 100,000 shares during the last quarter. 1.69% of the stock is currently owned by institutional investors.

GreenPower Motor Price Performance

NASDAQ:GP opened at $0.75 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.44 and a quick ratio of 0.06. GreenPower Motor Company Inc. has a one year low of $0.70 and a one year high of $3.42. The company has a fifty day moving average price of $0.97 and a 200 day moving average price of $1.06. The stock has a market cap of $22.12 million, a P/E ratio of -0.88 and a beta of 3.15.

Wall Street Analyst Weigh In

Separately, R. F. Lafferty began coverage on GreenPower Motor in a research report on Wednesday, September 11th. They issued a “buy” rating and a $3.00 price target on the stock.

GreenPower Motor Profile

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.