Forza X1, Inc. (NASDAQ:FRZA – Get Free Report)’s share price was up 33.1% during mid-day trading on Thursday . The stock traded as high as $0.21 and last traded at $0.20. Approximately 23,400 shares changed hands during trading, a decline of 83% from the average daily volume of 139,590 shares. The stock had previously closed at $0.15.
Forza X1 Price Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 66.38 and a quick ratio of 65.85. The stock has a market cap of $3.15 million, a P/E ratio of -0.51 and a beta of 1.85. The company’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.26.
About Forza X1
Forza X1, Inc focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc was incorporated in 2021 and is headquartered in Fort Pierce, Florida.
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