Previous Close | 0.4737 |
Open | 0.4700 |
Bid | 0.4700 x 1100 |
Ask | 0.5188 x 900 |
Day's Range | 0.4691 - 0.5200 |
52 Week Range | 0.2910 - 4.4000 |
Volume | |
Avg. Volume | 806,873 |
Market Cap | 121.876M |
Beta (5Y Monthly) | 1.53 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.9870 |
Earnings Date | Mar 28, 2022 - Apr 01, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 2.50 |
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HOUSTON, January 26, 2023--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, and REE Automotive, Ltd. (NASDAQ: REE), an automotive technology company and provider of electric vehicle platforms and EVs, announced today the signing of a supply and purchase agreement.
REE Automotive Ltd (NASDAQ: REE) reported a third-quarter FY22 net loss of $(33.5) million versus a net loss of $(414.9) million the previous year. The decrease in GAAP net loss Y/Y is mainly attributed to lower share-based compensation expenses. The company's loss widened from $(25.2) million in 2Q22, driven by lower income from the remeasurement of warrants and increased operating expenses, including transaction costs. Non-GAAP EPS loss of $(0.09), beat the consensus of $(0.10). The non-GAAP o
Commercialization phase underway with first orders; on track and on budget for start of productionCompany Recently Received Multiple Orders for Proxima Powered by REE and P7-B Box Trucks from Some of the Largest Fleets in the US Company Expects Additional Test Fleet Orders for Proxima Powered by REE and P7-B Trucks in the Coming MonthsOn Budget for 2H23 Start of Production with Integration Center Build Out, Design and Engineering on Time Company’s Liquidity Position Sufficient to Commercialize P