Arcimoto – Consensus Indicates Potential -16.9% Downside

Broker Ratings

Arcimoto found using ticker (FUV) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 19 and 3.5 calculating the mean target price we have 11.1. With the stocks previous close at 13.35 this would imply there is a potential downside of -16.9%. The day 50 moving average is 17.49 and the 200 moving average now moves to 14.22. The market cap for the company is $503m. Find out more information at: http://www.arcimoto.com

Arcimoto designs, develops, manufactures, and sells three-wheeled electric vehicles. Its portfolio of electric vehicles includes Fun Utility Vehicle; Rapid Responder for a specialized emergency, security, and law enforcement services; and Deliverator for delivery of goods. The company was formerly known as WTP Incorporated and changed its name to Arcimoto in December 2011. Arcimoto was incorporated in 2007 and is headquartered in Eugene, Oregon.

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