NeoVolta Inc. (NASDAQ:NEOV – Get Free Report) shares fell 4.8% on Wednesday . The stock traded as low as $2.52 and last traded at $2.57. 37,860 shares changed hands during trading, a decline of 68% from the average session volume of 118,156 shares. The stock had previously closed at $2.70.
NeoVolta Stock Up 10.1 %
The company has a market capitalization of $90.41 million, a price-to-earnings ratio of -45.33 and a beta of -2.06. The stock’s fifty day moving average price is $2.63 and its 200-day moving average price is $1.99.
NeoVolta (NASDAQ:NEOV – Get Free Report) last released its earnings results on Friday, May 10th. The company reported ($0.02) earnings per share for the quarter. NeoVolta had a negative net margin of 68.01% and a negative return on equity of 32.41%. The business had revenue of $0.28 million during the quarter.
About NeoVolta
NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.
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