Electrameccanica Vehicles Corp. found using ticker (SOLO) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 12.14 and 3.97 with the average target price sitting at 8.28. With the stocks previous close at 7.4 this is indicating there is a potential upside of 11.9%. The day 50 moving average is 6.57 while the 200 day moving average is 3.74. The market cap for the company is $579m. Find out more information at: http://www.electrameccanica.com
The potential market cap would be $648m based on the market concensus.
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.
