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.
See the top stocks recommended by analysts >>
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on FUV:
- SRAX announces Acrimoto Sweepstakes
- Arcimoto Announces Strategic Restructuring Plan
- Arcimoto announces restructuring, anticipates 32% reduction in payroll expenses
- Short Report: Chewy bears return just as stock finds support
- Arcimoto Announces $20 Million Registered Direct Offering of Convertible Notes
