FUV has been the subject of several other research reports. Roth Capital raised their price objective on shares of Arcimoto from $9.00 to $10.50 and gave the company a “buy” rating in a research note on Friday, February 15th. Chardan Capital set a $10.00 price objective on shares of Arcimoto and gave the company a “buy” rating in a research note on Tuesday, March 19th.
NASDAQ FUV opened at $4.52 on Wednesday. The company has a quick ratio of 3.18, a current ratio of 4.46 and a debt-to-equity ratio of 0.18. Arcimoto has a one year low of $1.55 and a one year high of $7.35. The company has a market capitalization of $84.48 million, a PE ratio of -6.46 and a beta of -0.16.
Arcimoto, Inc designs, develops, manufactures, and sells three-wheeled electric vehicles. The company was formerly known as WTP Inc and changed its name to Arcimoto, Inc in December 2011. Arcimoto, Inc was founded in 2007 and is headquartered in Eugene, Oregon.
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