Streetbeat News

FRZA

Forza X1, Inc.

https://www.forzax1.com

Industry

Auto - Recreational Vehicles

Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. The company was incorporated in 2021 and is based in Fort Pierce, Florida. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.

Open

0.22

Mkt cap

3.4M

Volume

2.2K

High

0.22

P/E Ratio

-0.59

52-wk high

0.66

Low

0.22

Div yield

N/A

52-wk low

0.17

Shares of companies within the consumer discretionary sector are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact consumer spending.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:21 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Monday. Notable gainers include Faraday Future, Deckers Outdoor, Cenntro, China Liberal Education, China Automotive Systems, and Ross Stores. On the losing side, Barnes & Noble Education, SRIVARU Holding, Forza X1, Forward Industries, Twin Vee PowerCats, and Jeffs Brands saw declines.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 12:06 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Friday. Notable gainers include Faraday Future, Zapp Electric Vehicles, Deckers Outdoor, Lanvin Group Holdings, China Automotive Systems, and Naas Technology. On the losing side, Barnes & Noble Education, Phoenix Motor, SRIVARU Holding, Lulus Fashion Lounge, Forza X1, and Jeffs Brands saw significant declines.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 12:07 pm

The article highlights the intraday movements of several consumer discretionary stocks on Thursday. Notable gainers include Chijet Motor Co (CJET), Forza X1 (FRZA), Raytech Holding (RAY), Faraday Future (FFIE), Lulus Fashion Lounge (LVLU), and Cato (CATO). Significant losers include MGO Global (MGOL), Visionary Holdings (GV), Barnes & Noble Education (BNED), Naas Technology (NAAS), Mynd.ai (MYND), and Cheetah Net Supply Chain (CTNT).

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 4:31 pm

Forza X1 shares are trading lower following the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:56 am

Forza X1 (NASDAQ:FRZA) reported a Q1 EPS loss of $(0.07), an improvement from $(0.19) per share YoY, with cash reserves of $9.952M.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:44 am

In Friday's after-market session, several consumer discretionary stocks showed notable movements. Chijet Motor Co, EZGO Technologies, Worksport, Petco Health and Wellness, Fitell, and Forza X1 were among the gainers, with increases ranging from 2.7% to 5.9%. On the downside, Visionary Holdings, Color Star Tech, Rent the Runway, 2U, Rush Street Interactive, and Jeffs Brands experienced declines between 4.08% and 16.1%. Notably, 2U and Rush Street Interactive's movements followed their Q1 earnings releases.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 8:31 pm

Forza X1 (NASDAQ:FRZA) reported a Q4 EPS loss of $(0.08), an improvement from a $(0.15) loss per share YoY. Sales for the quarter were $18.56K.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 1:29 pm

Forza X1 (FRZA) reported a 2023 loss per share of $(0.44). The company's cash, cash equivalents, and marketable securities stood at approximately $12.80 million at the end of 2023, slightly up from $12.767 million at the end of 2022.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:17 pm

Numerous companies are scheduled to report their earnings on March 26, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include bluebird bio with an expected quarterly loss, Elbit Systems projecting earnings, and GameStop anticipated to report earnings. Other companies like McCormick & Co and TD Synnex are also expected to report significant earnings, while firms like AEye and Ouster are projected to report losses.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:47 am

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