Microvast Holdings Inc (NASDAQ:MVST) shares, rose in value on Wednesday, April 16, with the stock price down by -1.79% to the previous day’s close as strong demand from buyers drove the stock to $1.65.
Actively observing the price movement in the last trading, the stock closed the session at $1.68, falling within a range of $1.62 and $1.72. The value of beta (5-year monthly) was 2.549. Referring to stock’s 52-week performance, its high was $2.87, and the low was $0.15. On the whole, MVST has fluctuated by 15.38% over the past month.
With the market capitalization of Microvast Holdings Inc currently standing at about $536.59 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-30.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 463.45M, with a low estimate of 98M and a high estimate of 110M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 104M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MVST’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of MVST currently trading nearly 8.46% and 1.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.61, while the 7-day volatility ratio is showing 7.97% which for the 30-day chart, stands at 13.12%. Furthermore, Microvast Holdings Inc (MVST)’s beta value is 2.62, and its average true range (ATR) is 0.18.
A comparison of Microvast Holdings Inc (MVST) with its peers suggests the former has fared considerably weaker in the market. MVST showed an intraday change of -1.79% in last session, and over the past year, it grew by 239.79%%.
Data on historical trading for Microvast Holdings Inc (NASDAQ:MVST) indicates that the trading volumes over the past 10 days have averaged 7.06 and over the past 3 months, they’ve averaged 6.89 million. According to company’s latest data on outstanding shares, there are 323.14 million shares outstanding.
Nearly 40.30% of Microvast Holdings Inc’s shares belong to company insiders and institutional investors own 8.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 23.03 million shares as on 2025-03-31, resulting in a short ratio of 6.03. According to the data, the short interest in Microvast Holdings Inc (MVST) stood at 1174.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 18.94 million. The stock has fallen by -20.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MVST stock heading into the next quarter.
