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

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

Twin Vee Powercats Stock Performance

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

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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