NeoVolta (NASDAQ:NEOV – Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.03) earnings per share for the quarter, Zacks reports. NeoVolta had a negative net margin of 114.93% and a negative return on equity of 58.84%.
NeoVolta Price Performance
Shares of NASDAQ:NEOV opened at $3.26 on Friday. NeoVolta has a 1-year low of $0.63 and a 1-year high of $6.11. The business’s 50 day moving average is $4.44 and its 200-day moving average is $3.75.
Wall Street Analysts Forecast Growth
Separately, Maxim Group upped their price objective on shares of NeoVolta from $4.75 to $7.50 and gave the company a “buy” rating in a research report on Wednesday, November 13th.
NeoVolta Company Profile
NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.
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