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In a challenging year for GreenPower Motor Company, the stock has plummeted to $0.44, marking a new 52-week low. According to InvestingPro data, the company faces significant headwinds with a concerning gross profit margin of just 8.3% and a substantial debt-to-equity ratio of 8.1x. This significant downturn reflects a broader trend for the electric bus manufacturer, which has seen its shares take a steep decline over the past year, culminating in a 74.48% drop from the previous year’s valuation. Investors have been wary as the company grapples with market headwinds, with InvestingPro analysis indicating the company is currently undervalued. The latest price level underscores the difficulties GreenPower Motor faces, with revenue declining by 58.3% and the company rapidly burning through cash. For deeper insights into GreenPower’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
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