Electric Last Mile Solutions (ELMS) Downgraded by Zacks Investment Research to Sell

Electric Last Mile Solutions stock has undergone multiple analysts rating changes in the recent past.  Electric Last Mile Solutions Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Electric Last Mile Solutions traded up $0.37 on Wednesday, reaching $7.09. 378805 shares of the stock traded hands, compared to its average volume of 620956. Shares of Electric Last Mile Solutions were trading at $7.09 on Wednesday. The firm’s 50 day moving average is $7.82 and its 200 day moving average is $9.98.Electric Last Mile Solutions has a 12 month low of $6.65 and a 12 month high of $15.30. While on yearly highs and lows, Electric Last Mile Solutions’s today has traded high as $7.10 and has touched $6.65 on the downward trend. See More Analyst Rating at: RATING

Electric Last Mile Solutions Earnings and What to expect: 

Electric Last Mile Solutions last announced its earnings data on August 12th, 2021. The reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.02. Electric Last Mile Solutions has generated $0.00 earnings per share over the last year. Earnings for Electric Last Mile Solutions are expected to grow in the coming year, from ($0.78) to ($0.65) per share. Electric Last Mile Solutions has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 11th, 2021 based off prior year’s report dates.

Earnings for Electric Last Mile Solutions are expected to grow in the coming year, from ($0.78) to ($0.65) per share. Electric Last Mile Solutions has a P/B Ratio of 44.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Electric Last Mile Solutions (ELMS) Moving Average Technical Analysis

5 day Moving Average is $6.83 And 5 day price change is $0.51 (7.75%)  with average volume for 5 day average is 456,680. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $7.26 and 20 day price change is -$0.54 (-7.08%) and average 20 day moving volume is 678,685. 50 day moving average is $7.82  and 50 day price change is -$1.59 ( -18.32%)  and with average volume for 50 days is : 691,288. 200 day moving average is $9.98  and 200 day price change is -$7.01 (-49.72%)  and with average volume for 200 days is : 804,956.

Other owners latest trading in Electric Last Mile Solutions :

  • On 10/8/2021 shares held by Wedbush Securities Inc. were 54,900 which equates to market value of $0.41M and appx 0.00% owners of Electric Last Mile Solutions
  • On 8/25/2021 shares held by Marshall Wace North America L.P. were 1,215,964 which equates to market value of $12.26M and appx 0.10% owners of Electric Last Mile Solutions
  • On 8/23/2021 shares held by Morgan Stanley were 103,713 which equates to market value of $1.05M and appx 0.00% owners of Electric Last Mile Solutions
  • In total Institutional ownership equates to Institutional Ownership Percentage: 9.52% for Electric Last Mile Solutions

See More Analyst Rating at: RATING