Canoo Inc(GOEV) is a stock of interest due to its movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about GOEV. We will be studying the movemnt so you can make the best descision as an investor.
First, we should get to know the company in discussion today. Here is a little about them: Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles, reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first. Distinguished by its experienced team – numbering over 350 employees from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses. Canoo expects to launch its first consumer model in 2022, simply named the canoo and available by subscription, followed shortly after by a multi-purpose delivery vehicle and a sport vehicle, each built off of the same underlying platform.
The stock has moved downwards today by 21.44%. The high for today is 9.78 and today’s low is 8.52. This information is critical in deciding whether this investment is risky or safe. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it. Next we will be going over the forecast.
As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for Canoo Inc is 45.00 and the low forecast is 23.00. We can also get a look into the future by looking at past trends. Looking at Canoo Inc’s 5 year movement it seems it has fallen 6%.
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