|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||3.8000 - 3.8300|
|52 Week Range||2.3500 - 4.3000|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||29.69|
|Forward Dividend & Yield||0.06 (1.63%)|
|Ex-Dividend Date||Apr 19, 2021|
|1y Target Est||N/A|
The iconic Italian Vespa scooter is making a surprising comeback—and investors are taking notice.
Italian scooter maker Piaggio said on Monday it signed a letter of intent with KTM AG, Honda Motor Co. and Yamaha Motor Co. to set up a consortium for swappable batteries for motorcycles and light electric vehicles. "The founding members of the consortium believe that the availability of a standardized swappable battery system would both promote the widespread use of light electric vehicles and contribute to a more sustainable life-cycle management of batteries used in the transport sector", Piaggio said in a statement.