ADOMANI, Inc. [ADOM] took an upward turn with a change of 41.07%, trading at the price of $0.40 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 4.32 million shares changed hands being bought and sold, while ADOMANI, Inc. shares have an average trading volume of 761.34K shares for that time period. ADOM monthly volatility recorded 11.69%, in the meanwhile having share price volatility for the week set at 18.17%. PS value for ADOM stocks is 5.97 with PB recorded at 4.39.
ADOMANI, Inc. [NASDAQ:ADOM]: Analyst Rating and Earnings
Equities traders often pay a significant amount of attention to what top market analysts have to say about a potential stock investment. In regards to ADOMANI, Inc. [ADOM], the most recent average analyst recommendation we can read comes from the fiscal quarter ending in December. On average, stock market experts give ADOM an Outperform rating. Its stock price has been found in the range of 0.16 to 1.73. This is compared to its latest closing price of $0.28.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for ADOMANI, Inc. [ADOM] is sitting at 2.33. This is compared to 1 month ago, when its average rating was 2.33.
Keep your eyes on this company’s next financial results, which are scheduled to be made public on Thu 8 Aug (In 55 Days).
Fundamental Analysis of ADOMANI, Inc. [ADOM]
Now let’s turn to look at profitability: with a current Operating Margin for ADOMANI, Inc. [ADOM] sitting at -219.32 and its Gross Margin at +2.65.
This company’s Return on Total Capital is -159.36, and its Return on Invested Capital has reached -122.30%. Its Return on Equity is -222.20, and its Return on Assets is -136.77. These metrics suggest that this ADOMANI, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, ADOMANI, Inc. [ADOM] has generated a Total Debt to Total Equity ratio of 22.36. Similarly, its Total Debt to Total Capital is 18.27, while its Total Debt to Total Assets stands at 15.69.
What about valuation? This company’s Enterprise Value to EBITDA is -1.38. The Enterprise Value to Sales for this firm is now 3.04, and its Total Debt to Enterprise Value stands at 0.12. ADOMANI, Inc. [ADOM] has a Price to Book Ratio of 2.60.
Shifting the focus to workforce efficiency, ADOMANI, Inc. [ADOM] earns $417,583 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 4.36 and its Total Asset Turnover is 0.62. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 3.38 and its Current Ratio is 3.38. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
ADOMANI, Inc. [ADOM] has 75.52M shares outstanding, amounting to a total market cap of $29.83M. Its stock price has been found in the range of 0.16 to 1.73. At its current price, it has moved down by -77.17% from its 52-week high, and it has moved up 154.84% from its 52-week low.
This stock’s Beta value is currently , which indicates that it is 18.17% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 61.66. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is ADOMANI, Inc. [ADOM] a Reliable Buy?
ADOMANI, Inc. [ADOM] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.