Triple Moving Average Crossover
Previous Close | 1.6500 |
Open | 1.6500 |
Bid | 1.7000 x 1800 |
Ask | 1.7500 x 1400 |
Day's Range | 1.6000 - 1.7000 |
52 Week Range | 1.2400 - 81.8000 |
Volume | |
Avg. Volume | 90,988 |
Market Cap | 12.328M |
Beta (5Y Monthly) | 2.26 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -23.7000 |
Earnings Date | Aug 14, 2023 - Aug 18, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 140.00 |
The forward thinking efforts led by Senator Kelly Hancock and Representative Jared Patterson have changed the legislation, that will now allow legal registration of Arcimoto’s three-wheeled electric vehicles in TexasAUSTIN, Texas, June 06, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today recognizes the exceptional efforts of Texas state legislators, Senator Kelly Hancock and Represe
All-New Electric Utility Vehicle Provides Optimal Performance for Industrial, Commercial and Ground-Support Applications Arcimoto MUV Arcimoto MUV Platform 102 miles city range and top speed of 75 mph, small footprint vehicle traverses highways, narrow city streets and parking spots, to efficiently deliver cargoCustomizable design with versatile bed configurations for various industries and applicationsManufactured at the company's 250,000-square-foot U.S. manufacturing facility located in Eugen
EUGENE, Ore., May 18, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of ultra-efficient small footprint electric utility and consumer vehicles, today announced that it will host an Analyst and Investor Day on Tuesday, May 30, 2023 from 10:30 a.m. EDT to 1pm EDT at the Nasdaq MarketSite in New York City. The theme for the meeting is “Driving the Future Forward.” The Company will outline its revised strategy focused on providing reliable, efficient utility and consumer EVs to its c
Arcimoto Assembly Line Arcimoto Assembly Line in Eugene, Oregon EUGENE, Ore. and SAN FRANCISCO, May 09, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc. (NASDAQ: FUV) the leading North American manufacturer of ultra-efficient and affordable electric vehicles and Faction Technology, Inc. a self-driving technology provider, today announced a strategic and joint investment agreement to scale driverless vehicle fleets. The agreement builds upon a long partnership between the two companies and will further en
SAN FRANCISCO & EUGENE, Ore., May 09, 2023--Today, Faction Technology, Inc., a self-driving technology provider for low-cost driverless fleets, and Arcimoto, Inc. (NASDAQ: FUV), the leading North American manufacturer of ultra-efficient and affordable electric vehicles, announced a strategic and joint investment agreement to scale driverless vehicle fleets.
While not the most comfortable topic to discuss, with the fifth month of the year upon us, it’s time to discuss stocks to sell in May. If you’ve been around the market for a while, you probably heard the phrase, “Sell in May and Go Away.” It refers to the underlying month being a historically weak period. And as Barron’s pointed out recently, this adage may be especially appropriate right now. To make a long story short, the economy has gone through the flames of perdition. With another U.S. reg
Dawson’s appointment ushers in changes to the executive team to accelerate growth Chris Dawson, Arcimoto CEO Chris Dawson, Arcimoto CEO EUGENE, Ore., April 20, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles for moving people and stuff, today announced that Christopher W. Dawson has been appointed to the role of Chief Executive Officer effective immediately. Mr. Dawson joined the Company’s Board in August of 2022 and will continue t
Arcimoto, facing grave financial circumstances, has tapped a board member with Tesla experience as its new CEO, the Eugene electric vehicle maker said Thursday. Christopher Dawson takes over for Interim CEO Jesse Fittipaldi, who will become Arcimoto president, reporting to Dawson. Dawson, 41, joined the Arcimoto board last summer shortly after founder Mark Frohnmayer’s abrupt exit as CEO.
Arcimoto expands into additional West and East Coast key markets, opening customer orders in Connecticut, North Carolina, South Carolina, and New Mexico with deliveries starting this SpringEUGENE, Ore., March 01, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, today announced that it is now accepting vehicle orders from customers in Connecticut, North Carolina, South Carolina, and New Mexico, with first customer deliveries expected
Arcimoto (Nasdaq: FUV) has another $6 million as it fights to gain traction with its three-wheeled electric vehicles. Given the Eugene company’s difficult straits, the funding is not surprisingly coming at a high price. It’s a $6 million loan against Arcimoto properties in Eugene, including the factory it opened a year ago, at an annual interest rate of 20%.
Arcimoto Inc (NASDAQ: FUV) has received $6 million in additional funding by means of a real estate loan on their Eugene, Oregon factory. The additional financing comes shortly after the $12 million public offering closed on Jan. 20, 2023. The company used a portion of the net proceeds to repay the convertible note with 3i. The remaining funding will be used for working capital and general corporate purposes. Also Read: Arcimoto Registers 20% Sequential Growth In Q4 Deliveries "This additional fu
Additional funding comes shortly after closing a $12 million public offering on January 20thEUGENE, Ore., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced today they received $6 million in additional funding by means of a real estate loan on their Eugene, Oregon factory. This additional financing comes shortly after the $12 million public offering that closed on January 20th. A portion of the net proceeds from the
Arcimoto (Nasdaq: FUV) is back making electric vehicles a little over a month after it said it halted production amid a severe finance crisis. “We are excited to announce we have started production on our 2023 FUV and Deliverator with first deliveries starting in March!” the Eugene company told subscribers to company updates on Saturday. In the email and a Tuesday news release, Arcimoto promoted “new features and improvements” that include a steering system said to improve maneuverability and reduce steering effort on the three-wheeled, handlebar-controlled EVs.
2023 vehicle deliveries to start in March with new features and improvementsEUGENE, Ore., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced that it will start 2023 vehicle production on FUV and Deliverator with plans for first deliveries beginning in March. Headlining the model year 2023 product update is the new steering system that will deliver improved handling and maneuverability at all speeds while reducing st
Oregon-based electric vehicle (EV) manufacturer Arcimoto (NASDAQ:FUV) certainly isn’t a darling of the market now. Yet, Arcimoto’s interim CEO is confident that the company can deliver strong results this year. Additionally, a fresh capital raise should convince FUV stock traders that Arcimoto is on a path to prosperity in 2023. First things first. Don’t invest in Arcimoto unless you can tolerate some risk. The company produces small, three-wheeled EVs that are “purpose-built for daily driving,
Just because you believe that a market sector will grow in the coming years, doesn’t mean every company deserves your investment capital. A prime example is electric vehicle (EV) manufacturer Arcimoto (NASDAQ:FUV). The FUV stock price has already declined substantially, and more downside is likely. After discovering the company’s delivery data and desperate self-preservation tactics, prospective shareholders will probably choose to avoid Arcimoto. Headquartered in Oregon, Arcimoto produces small
Vehicle deliveries increased 20% from a small base late last year and a $12 million stock sale last week “partly addressed” a cash crunch, Arcimoto (Nasdaq: FUV) said in a news release on Monday. In a separate 2022 recap distributed over the weekend, which called the year “simultaneously the most successful and challenging year” in its 15-plus-year history, Arcimoto said production remained on hold “as we prepare for our 2023 vehicles.” Sales of new vehicle inventory and used vehicles continued, the company said.
Arcimoto Inc (NASDAQ: FUV) said it delivered 89 customer vehicles in fourth-quarter fiscal 2022. This represents a 20% increase over the 73 customer vehicles delivered in Q3 2022. For FY22, Arcimoto delivered 228 customer vehicles, which increased the total number of Arcimoto vehicles on the road to more than 500. "2022 gives confidence to the Team that with our learned sales KPIs, we can better understand how to appropriately scale marketing and production efforts to achieve profitability," sai
The fourth quarter saw record customer deliveries and 20 percent increase over the previous quarterEUGENE, Ore., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, today announced that it delivered 89 customer vehicles in Q4 2022, its most successful quarter yet. This represents a 20 percent increase over the 73 customer vehicles delivered in Q3 2022. For the year, Arcimoto delivered 228 customer vehicles, w
Arcimoto (Nasdaq: FUV) closed a $12 million equity offering on Friday, the troubled Eugene electric vehicle maker said, but its future remained cloudy. How far it might go now is anyone’s guess with staffing levels and production plans in obvious flux.
EUGENE, Ore., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, today announced the closing of its previously announced public offering of 4,000,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,000,000 shares of common stock at a combined purchase price of $3.00 per share and accompanying warrant for aggregate gross proceeds of approximately $12 milli
Arcimoto, which finds itself in desperate need of cash, has burned through at least $166 million as a public company (Nasdaq: FUV), securities filings show. A filing by the company put its book value — its tangible assets less its liabilities — at $45.7 million as of the end of the third quarter last year.
Developments this week spelled more trouble for Eugene electric vehicle maker Arcimoto, a once promising startup now struggling to stay afloat. November 2007: Mark Frohnmayer, fresh off reaping “in the mid-seven figures” in an exit from the gaming startup GarageGames, organizes a venture that a year later would assume the Arcimoto name.
Eugene electric vehicle maker Arcimoto, starved for cash for months, has stopped production and is desperately raising money to avoid bankruptcy or shutting down completely. Before markets opened on Wednesday, Arcimoto (Nasdaq: FUV) priced a stock offering of 4 million shares and warrants at $3 — less than half its Tuesday closing price of $6.12. The offering would give Arcimoto $12 million, less a hefty 7% commission and other fees, with the deal expected to close on or around Friday.
Arcimoto Inc (NASDAQ: FUV) has priced its previously announced public offering of 4 million shares and warrants to purchase up to 4 million shares. The shares can be purchased at a combined purchase price of $3.00 per share and accompanying warrant for aggregate gross proceeds of approximately $12 million. The price represents a 50.9% discount on Arcimoto’s last close on January 17, 2023. The warrants to be issued will have a five-year term, will be exercisable immediately, and will have an exer