NeoVolta (NEOV) Set to Announce Quarterly Earnings on Wednesday

NeoVolta (NASDAQ:NEOV) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 27th.

NeoVolta (NASDAQ:NEOV) last announced its earnings results on Friday, November 8th. The company reported ($0.03) earnings per share for the quarter. NeoVolta had a negative return on equity of 58.84% and a negative net margin of 114.93%. The company had revenue of $0.59 million during the quarter.

NeoVolta Price Performance

NEOV stock opened at $5.57 on Tuesday. The company has a 50 day moving average price of $3.66 and a 200 day moving average price of $3.06. NeoVolta has a fifty-two week low of $0.63 and a fifty-two week high of $6.11. The stock has a market capitalization of $185.82 million, a PE ratio of -61.89 and a beta of -1.99.

Analysts Set New Price Targets

Separately, Maxim Group lifted their price objective on NeoVolta from $4.75 to $7.50 and gave the stock a “buy” rating in a research note on Wednesday, November 13th.

NeoVolta Company Profile

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.