Should You Sell Canoo Inc (GOEV) Stock Thursday Morning?

Thursday, March 28, 2024 07:09 AM | InvestorsObserver Analysts

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Canoo Inc (GOEV) has gained Thursday morning, with the stock adding 4.31% in pre-market trading to 3.39. GOEV's short-term technical score of 15 indicates that the stock has traded less bullishly over the last month than 85% of stocks on the market. In the Auto Manufacturers industry, which ranks 116 out of 146 industries, Canoo Inc ranks higher than 24% of stocks. Canoo Inc has risen 34.30% over the past month, closing at $2.42 on February 29. During this period of time, the stock fell as low as $1.31 and as high as $4.81. GOEV has an average analyst recommendation of Strong Buy. The company has an average price target of $41.40.

GOEV has an Overall Score of 46. Find out what this means to you and get the rest of the rankings on GOEV!
Canoo Inc has a Long-Term Technical rank of 32. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 68% of the market scoring higher. In the Auto Manufacturers industry which is number 107 by this metric, GOEV ranks better than 107% of stocks.

Important Dates for Investors in GOEV:

-Canoo Inc is set to release earnings on 2024-04-01. Over the last 12 months, the company has reported EPS of $-0.72. -We do not have a set dividend date for Canoo Inc at this time. Click Here To Get The Full Report on Canoo Inc (GOEV)

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