|Bid||27.80 x 1000|
|Ask||27.87 x 900|
|Day's Range||26.00 - 29.80|
|52 Week Range||1.25 - 34.67|
|Beta (5Y Monthly)||2.79|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.00|
In the case of Blink Charging (NASDAQ: BLNK), the stock itself is the story. If it can buy competitors for less than that valuation, and potentially for far less, the deals would be accretive on this valuation metric.
What happened The stock of Blink Charging (NASDAQ: BLNK), a maker of charging stations for electric vehicles (EVs), is continuing its wild ride today. Shares soared earlier in the week, rising about 80%, before dropping nearly 30% from the week's high.
Electric vehicle stocks have had a great year in 2020, despite a global pandemic that has hampered auto sales and dramatically lowered the number of miles people are driving. Three of our Foolish contributors got together to lay out their most overvalued EV stocks right now, and it should be no surprise that Tesla (NASDAQ: TSLA), Workhorse Group (NASDAQ: WKHS), and Blink Charging (NASDAQ: BLNK) made the list.