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EVTV

Envirotech Vehicles, Inc.

https://www.evtvusa.com

Industry

Auto - Manufacturers

Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is based in Osceola, Arkansas.

Open

1.75

Mkt cap

29M

Volume

718

High

1.75

P/E Ratio

-1.85

52-wk high

3.20

Low

1.68

Div yield

N/A

52-wk low

1.06

Envirotech Vehicles has filed a prospectus with the SEC for the potential resale of up to 13.6 million shares of its common stock. This move could impact the company's stock price as it may lead to increased supply in the market.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 9:14 pm

Envirotech Vehicles has acquired Maddox Industries, a government contracting solutions provider, to enhance its U.S. manufacturing and logistics capabilities. The deal involves issuing 3.1 million shares and a conditional $1 million cash payment, potentially boosting revenue from government contracts.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:21 pm

The article reports on the after-market session movements of various consumer discretionary stocks. Notable gainers include MEDIROM Healthcare Techs, Alta Global Group, and Boqii Holding, while losers include Nxu, Worksport, and GoPro.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 8:31 pm

Envirotech Vehicles, Inc. (NASDAQ:EVTV) shares are surging premarket after securing a $10 million financing line from GOBA Capital Inc. This, along with other financing commitments, positions the company as a strong player in the last-mile EV sector. The funds will accelerate the production and delivery of over 200 vehicles.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 11:43 am

Envirotech Vehicles shares rose following the announcement of a $10 million Purchase Order financing line from GOBA Capital Inc.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:37 am

Envirotech Vehicles has secured $10M in financing and a $100M commitment to expand its production capabilities. This will enable the delivery of over 200 vehicles to PLUGD Electric Leasing and Rentals Inc., as well as 25 EV Bumble Bee school buses and 67 Class IV cargo vans for New Jersey's voucher program.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:36 am

Chegg, Inc. (NYSE:CHGG) shares surged 20.7% in pre-market trading following the announcement of a restructuring plan, including a 23% headcount reduction and a focus on international programs. Other notable pre-market movers include Actelis Networks, Inc. (NASDAQ:ASNS) up 112.2%, NLS Pharmaceutics AG (NASDAQ:NLSP) up 62.8%, and Mustang Bio, Inc. (NASDAQ:MBIO) up 46.7%. On the losing side, AERWINS Technologies Inc. (NASDAQ:AWIN) fell 48.8% and Quantum Corporation (NASDAQ:QMCO) dropped 38%.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 9:28 am

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

The article highlights significant intraday movements in consumer discretionary stocks on Monday. Notable gainers include Aarons (AAN), Envirotech Vehicles (EVTV), Xponential Fitness (XPOF), Polestar Automotive (PSNY), EpicQuest Education Group (EEIQ), and Fitell (FTEL). On the losing side, Kaival Brands Innovations (KAVL), Connexa Sports Techs (YYAI), Volcon (VLCN), MOGU (MOGU), Kaixin Holdings (KXIN), and Zapp Electric Vehicles (ZAPP) experienced declines.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 4:31 pm

Envirotech Vehicles reported Q1 sales of $810.5 million, a significant increase from $523.2 million year-over-year. The company also reported an adjusted EPS loss of $(0.07), an improvement from $(0.14) year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:39 am

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