Twin Vee Powercats (NASDAQ:VEEE) Trading 2.7% Higher – Here’s Why

Twin Vee Powercats Co. (NASDAQ:VEEEGet Free Report)’s share price was up 2.7% during mid-day trading on Friday . The stock traded as high as $0.44 and last traded at $0.41. Approximately 72,348 shares were traded during trading, a decline of 90% from the average daily volume of 706,498 shares. The stock had previously closed at $0.40.

Twin Vee Powercats Price Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 4.00 and a quick ratio of 3.13. The company’s 50 day simple moving average is $0.42 and its 200 day simple moving average is $0.46. The company has a market capitalization of $3.92 million, a PE ratio of -0.39 and a beta of 1.00.

About Twin Vee Powercats

(Get Free Report)

Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.

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