Electrameccanica Vehicles Corp. – Consensus Indicates Potential 11.9% Upside

Broker Ratings

Electrameccanica Vehicles Corp. found using ticker (SOLO) have now 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 12.14 and 3.97 calculating the mean target price we have 8.28. Now with the previous closing price of 7.4 this now indicates there is a potential upside of 11.9%. There is a 50 day moving average of 6.57 and the 200 day moving average is 3.74. The market capitalisation for the company is $579m. Find out more information at: http://www.electrameccanica.com

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster. 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 founded in 2015 and is headquartered in Vancouver, Canada.

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