Separately, B. Riley dropped their price target on shares of GreenPower Motor from $15.00 to $7.00 in a research note on Monday, July 11th.
GreenPower Motor Trading Down 5.9 %
Shares of GP stock opened at $2.54 on Tuesday. GreenPower Motor has a 12-month low of $2.50 and a 12-month high of $16.45. The firm’s 50 day moving average is $3.23 and its 200 day moving average is $4.53. The stock has a market capitalization of $58.80 million, a P/E ratio of -3.34 and a beta of 3.39.
Hedge Funds Weigh In On GreenPower Motor
A number of large investors have recently made changes to their positions in GP. UBS Group AG raised its holdings in shares of GreenPower Motor by 293.5% in the 2nd quarter. UBS Group AG now owns 10,220 shares of the company’s stock valued at $33,000 after purchasing an additional 7,623 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of GreenPower Motor by 84.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,243 shares of the company’s stock worth $45,000 after acquiring an additional 6,518 shares in the last quarter. Jane Street Group LLC bought a new position in shares of GreenPower Motor during the 2nd quarter worth approximately $46,000. B. Riley Wealth Management Inc. bought a new position in shares of GreenPower Motor during the 2nd quarter worth approximately $53,000. Finally, Royal Bank of Canada raised its stake in shares of GreenPower Motor by 112.2% during the 1st quarter. Royal Bank of Canada now owns 8,272 shares of the company’s stock worth $56,000 after acquiring an additional 4,373 shares in the last quarter. 5.43% of the stock is owned by hedge funds and other institutional investors.
GreenPower Motor Company Profile
GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers a suite of high-floor and low-floor electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans, double decker buses, and a cab and chassis.
- Get a free copy of the StockNews.com research report on GreenPower Motor (GP)
- The Institutions Hold On To Darden Restaurants International
- What Steelcase’s Earnings Say About the Return to the Office?
- Is The Golden Age Of Homebuilding Already Over?
- These 3 Big Dividend Payers Also Boast Strong Price Growth
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
Receive News & Ratings for GreenPower Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GreenPower Motor and related companies with MarketBeat.com's FREE daily email newsletter.