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Forza X1, Inc. (FRZA)

OTC Consumer Cyclical Auto - Recreational Vehicles
$0.20 ▲ +0.00%
Market Cap
$3.2M
Sector
Consumer Cyclical
Industry
Auto - Recreational Vehicles
Beta
2.19
52-Wk Range
0.1294-0.3584
CEO
Joseph Visconti
Country
US
Currency
USD

Forza X1, Inc. operates in the Auto - Recreational Vehicles industry of the Consumer Cyclical sector, headquartered in Fort Pierce, FL, US. The stock last traded at $0.20, up 0.00% on the session, giving a market capitalisation of $3.2M. On trailing twelve-month figures it carries a trailing P/E of -0.45, a net margin of -15984.5%. Its beta of 2.19 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.45
Price / Sales
84.89
Price / Book
0.17
EV / EBITDA
1.14
Gross margin
-324.7%
Operating margin
-17763.4%
Net margin
-15984.5%
Return on equity
—
Debt / equity
0.01
Current ratio
15.87
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
10
IPO date
2022-08-12
Headquarters
Fort Pierce, FL, US
About Forza X1, Inc.

Forza X1, Inc. is a U.S.-based firm specializing in the engineering and production of all-electric marine vessels. The company intends to sell its products directly to customers, utilizing a vertically integrated business model. Established in 2021, Forza X1, Inc. maintains its operational headquarters in Fort Pierce, Florida, and functions as a subsidiary of Twin Vee Powercats Co.

Comparable companies

Forza X1, Inc. is most often compared with the following Consumer Cyclical names:

CETMFEVTGFFCNEITMZFLMSBFNBBIRDVARYWCFSTHHFTHRSF
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