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Vicinity Motor Corp. (VEV)

NASDAQ Consumer Cyclical Auto - Manufacturers
$0.02 ▼ -58.30%
Market Cap
$2.5M
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Beta
0.32
52-Wk Range
0.0165-0.96
CEO
Brent Phillips
Country
CA
Currency
USD

Vicinity Motor Corp. operates in the Auto - Manufacturers industry of the Consumer Cyclical sector, headquartered in Aldergrove, BC, CA. The stock last traded at $0.02, down 58.30% on the session, giving a market capitalisation of $2.5M. On trailing twelve-month figures it carries a trailing P/E of -0.06, a net margin of -87.3%. Its beta of 0.32 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-0.06
Price / Sales
0.13
Price / Book
0.04
EV / EBITDA
-3.73
Gross margin
11.2%
Operating margin
-49.3%
Net margin
-87.3%
Return on equity
Debt / equity
1.77
Current ratio
0.93
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
57
IPO date
2016-03-31
Headquarters
Aldergrove, BC, CA
About Vicinity Motor Corp.

Vicinity Motor Corp. (VMC) is a North American enterprise engaged in the design, manufacturing, and distribution of transit buses for both public sector and commercial clients across the United States and Canada, marketed under its Vicinity brand. Its product portfolio encompasses a diverse range of vehicles, including electric, compressed natural gas (CNG), and clean diesel buses, in addition to electric trucks and various replacement components. Established in 2008 and headquartered in Aldergrove, Canada, the company was previously known as Grande West Transportation Group Inc. until it rebranded to Vicinity Motor Corp. in March 2021.

Comparable companies

Vicinity Motor Corp. is most often compared with the following Consumer Cyclical names:

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