Electrameccanica Vehicles Corp. found using ticker (SOLO) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 10.62 and 5.66 with the average target price sitting at 8.14. With the stocks previous close at 1.05 this is indicating there is a potential upside of 675.2%. The 50 day MA is 1.03 and the 200 day moving average is 1.78. The market capitalisation for the company is $40m. You can visit the company’s website by visiting: http://www.electrameccanica.com
Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells electric vehicles under the SOLO name. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. It also has two other electric vehicle candidates under the design development stage, including Super SOLO and Tofino. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through corporate owned stores. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Vancouver, Canada.