Electrovaya Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 71 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 10.17.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Electrovaya Inc is 9.00, ranking 5 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 20.51M, representing a year-over-year increase of 77.46%, while its net profit experienced a year-over-year increase of 1896.49%.
Key Metrics
The current valuation score of Electrovaya Inc is 6.62, ranking 116 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 102.84, which is 141.61% below the recent high of 248.46 and 1938.50% above the recent low of -1890.62.
The current earnings forecast score of Electrovaya Inc is 9.33, ranking 3 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 8.00, with a high of 10.00 and a low of 6.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Electrovaya Inc is 6.96, ranking 142 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 11.12 and the support level at 7.35, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Electrovaya Inc is 3.46, ranking 132 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 0.74. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
