Microvast Holdings, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of MVST, demonstrate its potential to underperform the market.
Is Microvast a good stock?
Microvast Holdings Inc (MVST) stock has fallen -66.07% over the last 12 months, and the average rating from Wall Street analysts is a Sell. InvestorsObserver’s proprietary ranking system, gives MVST stock a score of 17 out of a possible 100. That rank is primarily influenced by a long-term technical score of 6.
Is Microvast a Chinese company?
History. Microvast was founded in 2006 in Houston, Texas, along with its Chinese subsidiary, Microvast Power Systems (Chinese: 微宏动力系统) in Huzhou, China. It introduced its first generation of batteries in 2009, with manufacturing starting in 2010 in Huzhou factory.
Can you buy Microvast stock?
Microvast, Inc. is a technology innovator that designs, develops and manufactures lithium-ion battery solutions. , you can buy Microvast Holdings, Inc. stock in any dollar amount, or any other fund or stock you know on Stash.
Who uses Microvast?
Prominent customers include Oshkosh, Porsche, and CNH Industrial, and Microvast has R&D partnerships with BMW and other research organizations. Contracted revenue for 2020 is estimated at approximately $101 million, and Microvast offers rosy forecasts for revenue to reach $2.3 billion in 2025.
Why is Microvast stock down?
Microvast (MVST) stock falls on larger loss. US electric-vehicle battery maker Microvast’s stock price dropped more than 5% in after-hours trading Monday after the company reported far greater losses than expected.
Who does Microvast make batteries for?
electric vehicles
Microvast designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The stock is currently valued at a market cap of $2.92 billion.
Who founded Microvast?
Yang Wu
Yang Wu founded Microvast in December 2006 and is the Chief Executive Officer and President.
Is Mvst a good investment?
The financial health and growth prospects of MVST, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
Does Microvast have revenue?
Revenue in 2021 (TTM): $0.06 B.
Is Microvast publicly traded?
Microvast goes public in SPAC deal with Tuscan Holdings. Stafford-based Microvast Inc., which provides next-generation battery technologies for commercial and specialty vehicles, has completed its combination with a blank-check company and started trading on the Nasdaq.
Is the merging with Microvast?
Microvast launched on the Nasdaq on 26 July via a merger with Tuscan Holdings Corp.and raised around 822 million US dollars through the business combination on the closing date. This is equivalent to about 697 million euros.
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What is Microvast battery?
Microvast is a pioneer for developing ultra-fast charging batteries that have a long battery life with superior margins for safety.Microvast’s batteries are integrated in more than 30,000 vehicles, running in 160 cities across 19 countries, and have traveled over 3.8 billion miles.
When did Microvast go public?
July 26
Microvast goes public. The battery manufacturer commenced trading on the Nasdaq on July 26 under the ticker ‘MVST’.
What is Microvast holding?
Microvast Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, designs, develops and manufactures lithium-ion battery solutions. Microvast Holdings serves customers worldwide.
How many patents does Microvast have?
Our success is founded on our deep technology portfolio which is fully owned and protected by over 550 patents and the thousands of know-hows within the company. Amongst all the battery materials Microvast makes, two products stand out that no one else has in the world.
Is Mvst a SPAC?
Microvast Holdings, Inc. – MVST SPAC – spacHero.com.
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