Dawson James analyst James McIlree maintained a Sell rating on Arcimoto (FUV – Research Report) on October 7 and set a price target of $0.45. The company’s shares closed yesterday at $1.01.
According to TipRanks, McIlree is an analyst with an average return of -22.3% and a 24.86% success rate. McIlree covers the Technology sector, focusing on stocks such as Profire Energy, Vuzix, and SRAX.
Currently, the analyst consensus on Arcimoto is a Moderate Sell with an average price target of $0.45.
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The company has a one-year high of $13.26 and a one-year low of $0.99. Currently, Arcimoto has an average volume of 790.6K.
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Arcimoto, Inc. engages in the design, development, manufacturing, and sales of electric vehicles. It also involves in building products that catalyze the shift to a sustainable transportation system. The company was founded by Mark Frohnmayer on November 21, 2007 and is headquartered in Eugene, OR.
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