Envirotech Vehicles Stock Short Ratio
| EVTV Stock | USD 1.40 0.21 13.04% |
Envirotech Vehicles fundamentals help investors to digest information that contributes to Envirotech Vehicles' financial success or failures. It also enables traders to predict the movement of Envirotech Stock. The fundamental analysis module provides a way to measure Envirotech Vehicles' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Envirotech Vehicles stock.
Envirotech | Short Ratio |
Envirotech Vehicles Company Short Ratio Analysis
Envirotech Vehicles' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Envirotech Vehicles Short Ratio | 11.31 X |
Most of Envirotech Vehicles' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Envirotech Vehicles is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Envirotech Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Envirotech Vehicles is extremely important. It helps to project a fair market value of Envirotech Stock properly, considering its historical fundamentals such as Short Ratio. Since Envirotech Vehicles' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Envirotech Vehicles' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Envirotech Vehicles' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Envirotech Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Envirotech Vehicles has a Short Ratio of 11.31 times. This is 93.66% higher than that of the Automobile Components sector and notably higher than that of the Consumer Discretionary industry. The short ratio for all United States stocks is 182.75% lower than that of the firm.
Envirotech Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Envirotech Vehicles' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Envirotech Vehicles could also be used in its relative valuation, which is a method of valuing Envirotech Vehicles by comparing valuation metrics of similar companies.Envirotech Vehicles is currently under evaluation in short ratio category among its peers.
Envirotech Vehicles Institutional Holders
Institutional Holdings refers to the ownership stake in Envirotech Vehicles that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Envirotech Vehicles' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Envirotech Vehicles' value.| Shares | Corecap Advisors, Llc | 2024-06-30 | 2 K | Simplex Trading, Llc | 2024-06-30 | 1.1 K | Atwood & Palmer Inc | 2024-09-30 | 650 | Tower Research Capital Llc | 2024-06-30 | 555 | Royal Bank Of Canada | 2024-06-30 | 247 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 120 | Bank Of America Corp | 2024-06-30 | 114 | Jpmorgan Chase & Co | 2024-06-30 | 41.0 | Davis Capital Management | 2024-09-30 | 3.0 | Vanguard Group Inc | 2024-09-30 | 485.4 K | Blackrock Inc | 2024-06-30 | 160.5 K |
Envirotech Fundamentals
| Return On Equity | -0.62 | |||
| Return On Asset | -0.2 | |||
| Operating Margin | (1.63) % | |||
| Current Valuation | 27.29 M | |||
| Shares Outstanding | 16.62 M | |||
| Shares Owned By Insiders | 14.33 % | |||
| Shares Owned By Institutions | 5.46 % | |||
| Number Of Shares Shorted | 264.51 K | |||
| Price To Book | 1.41 X | |||
| Price To Sales | 14.62 X | |||
| Revenue | 2.86 M | |||
| Gross Profit | 1.73 M | |||
| EBITDA | (7.49 M) | |||
| Net Income | (12.68 M) | |||
| Cash And Equivalents | 4.6 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 806.55 K | |||
| Current Ratio | 16.08 X | |||
| Book Value Per Share | 1.36 X | |||
| Cash Flow From Operations | (4.25 M) | |||
| Short Ratio | 11.31 X | |||
| Earnings Per Share | (0.62) X | |||
| Target Price | 0.7 | |||
| Number Of Employees | 14 | |||
| Beta | 0.76 | |||
| Market Capitalization | 26.76 M | |||
| Total Asset | 22.65 M | |||
| Retained Earnings | (64.61 M) | |||
| Working Capital | 10.28 M | |||
| Net Asset | 22.65 M |
About Envirotech Vehicles Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Envirotech Vehicles's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Envirotech Vehicles using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Envirotech Vehicles based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Envirotech Stock Analysis
When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.