Electrameccanica Vehicles Corp. with ticker code (SOLO) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 12.14 and 3.97 with the average target price sitting at 8.28. Given that the stocks previous close was at 7.4 this would imply there is a potential upside of 11.9%. The 50 day MA is 6.57 while the 200 day moving average is 3.74. The company has a market cap of $579m. Visit the company website at: http://www.electrameccanica.com
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through corporate owned stores. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.
