Envirotech Vehicles Inc (EVTV) Shares Decline Despite Market Challenges

The stock price of Envirotech Vehicles Inc (NASDAQ: EVTV) has dropped by -3.29 compared to previous close of 0.16. Despite this, the company has seen a fall of -23.59% in its stock price over the last five trading days. accessnewswire.com reported 2025-05-15 that HOUSTON, TX / ACCESS Newswire / May 15, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) (“Envirotech” or the “Company”) today announced the signing of a non-binding Letter of Intent (“LOI”) to acquire the assets of Kymera, a manufacturer of marine craft. The Company intends for the business to serve as the foundation of Envirotech’s new marine division.

Is It Worth Investing in Envirotech Vehicles Inc (NASDAQ: EVTV) Right Now?

Additionally, the 36-month beta value for EVTV is 2.77. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for EVTV is 19.18M and currently, short sellers hold a 1.63% ratio of that float. The average trading volume of EVTV on June 18, 2025 was 564.44K shares.

EVTV’s Market Performance

EVTV’s stock has seen a -23.59% decrease for the week, with a -30.15% drop in the past month and a -40.27% fall in the past quarter. The volatility ratio for the week is 8.33%, and the volatility levels for the past 30 days are at 5.67% for Envirotech Vehicles Inc. The simple moving average for the past 20 days is -19.10% for EVTV’s stock, with a -83.50% simple moving average for the past 200 days.

EVTV Trading at -32.40% from the 50-Day Moving Average

After a stumble in the market that brought EVTV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.14% of loss for the given period.

Stock Fundamentals for EVTV

Current profitability levels for the company are sitting at:

  • -4.24 for the present operating margin
  • 0.26 for the gross margin

The net margin for Envirotech Vehicles Inc stands at -4.73. The total capital return value is set at -0.38. Equity return is now at value -132.63, with -76.46 for asset returns.

Based on Envirotech Vehicles Inc (EVTV), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -0.91.

Currently, EBITDA for the company is -7.73 million with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 3.16. The receivables turnover for the company is 0.93for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.

Conclusion

In conclusion, Envirotech Vehicles Inc (EVTV) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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