Vicinity Motor Corp Stock Today

Vicinity is selling for under 0.0019 as of the 18th of January 2025; that is 35.71% increase since the beginning of the trading day. The stock's lowest day price was 0.0012. The performance scores are derived for the period starting the 29th of January 2023 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
22nd of September 2017
Category
Consumer Cyclical
Classification
Consumer Discretionary
Valuation Profit Patterns
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Vicinity Stock Highlights

Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Consumer Discretionary, Automobile Components, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.22
Sufficiently Down
Slightly volatile
Total Current Liabilities52.5 M50 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total11.5 M10.9 M
Sufficiently Up
Slightly volatile
Total Assets89.6 M85.3 M
Sufficiently Up
Slightly volatile
Total Current Assets49.1 M46.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Vicinity can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Vicinity's financial leverage. It provides some insight into what part of Vicinity's total assets is financed by creditors.
Liquidity
Vicinity Motor Corp has 27.08 M in debt with debt to equity (D/E) ratio of 0.23, which may show that the company is not taking advantage of profits from borrowing. Vicinity Motor Corp has a current ratio of 1.47, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Vicinity to invest in growth at high rates of return.

Change To Account Receivables

(3.34 Million)
Vicinity Motor Corp (VEV) is traded on NASDAQ Exchange in USA and employs 57 people. Vicinity is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 2.53 M. Vicinity Motor Corp runs under Automobile Components sector within Consumer Discretionary industry. The entity has 50.48 M outstanding shares of which 787.46 K shares are at this time shorted by investors with about 0.2 days to cover. Vicinity Motor Corp has about 9.36 M in cash with (24.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Vicinity Probability Of Bankruptcy

Vicinity Stock Institutional Holders

InstituionRecorded OnShares
Ridgewood Investments Llc2024-09-30
5.3 K
Advisor Group Holdings, Inc.2024-09-30
1.6 K
Simplex Trading, Llc2024-06-30
345
Td Waterhouse Canada Inc2024-09-30
333
Blackrock Inc2024-09-30
209
The Toronto-dominion Bank2024-09-30
0.0
Newbridge Financial Services Group, Inc.2024-06-30
0.0
Bank Of America Corp2024-06-30
0.0
Ubs Group Ag2024-09-30
255 K
Two Sigma Investments Llc2024-09-30
76.7 K
Geode Capital Management, Llc2024-09-30
64.7 K
View Vicinity Diagnostics

Vicinity Motor Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vicinity market risk premium is the additional return an investor will receive from holding Vicinity long position in a well-diversified portfolio.

Vicinity Stock Against Markets

Vicinity Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Vicinity stock to make a market-neutral strategy. Peer analysis of Vicinity could also be used in its relative valuation, which is a method of valuing Vicinity by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Vicinity Corporate Management

Danial BuckleChief OfficerProfile
Marion McGrathCorporate SecretaryProfile
Dan CourtneyDirector RelationsProfile
Yue WangChief EngineerProfile
Keith ParkerConsultantProfile
Jeff MaduraSenior SalesProfile
Brent PhillipsVice SalesProfile

Additional Tools for Vicinity Stock Analysis

When running Vicinity's price analysis, check to measure Vicinity's 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 Vicinity is operating at the current time. Most of Vicinity's value examination focuses on studying past and present price action to predict the probability of Vicinity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicinity's price. Additionally, you may evaluate how the addition of Vicinity to your portfolios can decrease your overall portfolio volatility.