GreenPower Motor (CVE:GPV) Shares Up 38.1% – Here’s What Happened

GreenPower Motor Company Inc. (CVE:GPV)’s share price traded up 38.1% during mid-day trading on Saturday . The stock traded as high as C$1.56 and last traded at C$1.56. 200,945 shares were traded during trading, an increase of 358% from the average session volume of 43,893 shares. The stock had previously closed at C$1.13.

GreenPower Motor Stock Up 38.1 %

The company has a market capitalization of C$41.32 million, a P/E ratio of -1.38 and a beta of 4.07. The company has a debt-to-equity ratio of 204.48, a quick ratio of 0.25 and a current ratio of 1.61. The firm’s fifty day moving average is C$1.20 and its 200-day moving average is C$1.43.

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 commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.