NASDAQ:ELVA Electrovaya (ELVA) Stock Price, News & Analysis → Revolutionizing the Green Energy Space and Building Shareholder Value Along the Way (From Small Cap Sniper) (Ad) Free ELVA Stock Alerts $3.20 -0.34 (-9.60%) (As of 11:06 AM ET) Add Compare Share Share Today's Range$2.98▼$3.3850-Day Range$2.94▼$4.0352-Week Range$2.34▼$5.50Volume44,371 shsAverage Volume41,317 shsMarket Capitalization$108.42 millionP/E Ratio160.08Dividend YieldN/APrice Target$11.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Electrovaya alerts: Email Address Electrovaya MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside230.4% Upside$11.33 Price TargetShort InterestHealthy0.27% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.04Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth211.11%From $0.18 to $0.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.82 out of 5 starsComputer And Technology Sector940th out of 1,797 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry22nd out of 84 stocks 3.5 Analyst's Opinion Consensus RatingElectrovaya has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageElectrovaya has only been the subject of 2 research reports in the past 90 days.Read more about Electrovaya's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.27% of the float of Electrovaya has been sold short.Short Interest Ratio / Days to CoverElectrovaya has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Electrovaya has recently increased by 21.71%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldElectrovaya does not currently pay a dividend.Dividend GrowthElectrovaya does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ELVA. Previous Next 1.6 News and Social Media Coverage News SentimentElectrovaya has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Electrovaya this week, compared to 1 article on an average week.Search Interest3 people have searched for ELVA on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Electrovaya insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.47% of the stock of Electrovaya is held by institutions.Read more about Electrovaya's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Electrovaya are expected to grow by 211.11% in the coming year, from $0.18 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Electrovaya is 171.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Electrovaya is 171.59, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 219.55.Price to Book Value per Share RatioElectrovaya has a P/B Ratio of 15.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden to Drop BOMBSHELL June 13th?Biden’s days are numbered! According to a former CIA and Pentagon insider… He’s about to drop out of the presidential race on June 13th!Click here now to see his shocking evidence. About Electrovaya Stock (NASDAQ:ELVA)Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as competencies in building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.Read More ELVA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ELVA Stock News HeadlinesMay 13 at 8:47 PM | finance.yahoo.comElectrovaya Announces Rescheduling of Q2-2024 Financial Results & Conference CallMay 13 at 3:46 PM | markets.businessinsider.comHere's what Wall Street expects from Electrovaya's earningsMay 13 at 10:46 AM | finance.yahoo.comInvestors in Electrovaya (TSE:ELVA) have seen massive returns of 310% over the past five yearsMay 11 at 1:44 AM | americanbankingnews.comElectrovaya (ELVA) Set to Announce Earnings on MondayApril 29, 2024 | theglobeandmail.comMajor Trading Company Subsidiary Signs Battery Supply DealApril 29, 2024 | msn.comElectrovaya signs supply deal with Sumitomo for its lithium-ion battery productsApril 22, 2024 | finance.yahoo.comCan Electrovaya Inc. (TSE:ELVA) Improve Its Returns?April 19, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya to Host a Battery Technology & Investor DayApril 1, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Electrovaya (TSE:ELVA)March 1, 2024 | theglobeandmail.comElectrovaya: Top 25 Performing Stocks Year-to-Date on Toronto Stock Exchange (ELVA)February 27, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Announces Receipt of UL Functional Safety Approval for Next Generation Battery Management SystemFebruary 14, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Announces Increase in Credit Facility to C$22 millionFebruary 14, 2024 | msn.comElectrovaya increases credit facility to C$22MFebruary 12, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/YFebruary 12, 2024 | finance.yahoo.comElectrovaya Reports Revenue of $12.1 Million for Q1 FY2024; Up 41% Y/YJanuary 22, 2024 | seekingalpha.comElectrovaya: Decent Growth Prospects But Too Many Red FlagsJanuary 5, 2024 | markets.businessinsider.comElectrovaya: Sustained Growth and Positive Future Outlook Justify Buy RatingJanuary 5, 2024 | finance.yahoo.comAll You Need to Know About Electrovaya Inc. (ELVA) Rating Upgrade to Strong BuyJanuary 5, 2024 | finance.yahoo.comElectrovaya to Participate in the iAccess Alpha Tax Loss Recovery Summit 2024 - Buyside Best Ideas Virtual Conference on January 9th and 10th, 2024January 3, 2024 | finanznachrichten.deElectrovaya, Inc.: Electrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/YJanuary 3, 2024 | finance.yahoo.comElectrovaya Reports Record Revenue of $44.1 Million for Fiscal Year 2023; Up 171% Y/YDecember 22, 2023 | finance.yahoo.comElectrovaya Announces Potential Delay In Filing Year-End Reporting DocumentsNovember 8, 2023 | finance.yahoo.comElectrovaya Named One of Canada's Clean Technology Winners in Deloitte's Technology Fast 50TM ProgramNovember 7, 2023 | msn.comElectrovaya wins additional $8M battery order from existing Fortune 100 customerNovember 6, 2023 | finance.yahoo.comThe 11% return this week takes Electrovaya's (TSE:ELVA) shareholders five-year gains to 291%See More Headlines Receive ELVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Electrovaya and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Today5/14/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNASDAQ:ELVA Previous SymbolNASDAQ:ELVA CUSIPN/A CIK1844450 Webelectrovaya.com Phone905-855-4610FaxN/AEmployees97Year FoundedN/APrice Target and Rating Average Stock Price Target$11.33 High Stock Price Target$16.00 Low Stock Price Target$8.00 Potential Upside/Downside+230.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.02 Trailing P/E Ratio171.59 Forward P/E Ratio19.06 P/E GrowthN/ANet Income$-1,480,000.00 Net Margins1.79% Pretax Margin0.48% Return on Equity12.44% Return on Assets2.40% Debt Debt-to-Equity Ratio0.30 Current Ratio0.98 Quick Ratio0.61 Sales & Book Value Annual Sales$44.06 million Price / Sales2.64 Cash FlowN/A Price / Cash FlowN/A Book Value$0.22 per share Price / Book15.59Miscellaneous Outstanding Shares33,880,000Free FloatN/AMarket Cap$116.21 million OptionableNot Optionable BetaN/A These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Sankar Das Gupta DIC (Age 73)Ph.D., Executive Chairman Comp: $221.6kDr. Rajshekar Das Gupta Ph.D.CEO & DirectorDr. James K. Jacobs MA (Age 75)Ph.D., Co-Founder & Independent Director Comp: $7.42kMr. Francis John GibsonCFO & SecretaryMr. Kyle O'LearyDirector of OperationsMr. Jason RoyDirector of Corporate Development & Investor RelationsDr. Jeremy Dang Ph.D.Vice President of Business & Project DevelopmentMore ExecutivesKey CompetitorsCBAK Energy TechnologyNASDAQ:CBATDragonfly EnergyNASDAQ:DFLIFlux PowerNASDAQ:FLUXESS TechNYSE:GWHUltralifeNASDAQ:ULBIView All Competitors ELVA Stock Analysis - Frequently Asked Questions Should I buy or sell Electrovaya stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Electrovaya in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ELVA shares. View ELVA analyst ratings or view top-rated stocks. What is Electrovaya's stock price target for 2024? 4 equities research analysts have issued 12 month price targets for Electrovaya's stock. Their ELVA share price targets range from $8.00 to $16.00. On average, they expect the company's stock price to reach $11.33 in the next year. This suggests a possible upside of 230.4% from the stock's current price. View analysts price targets for ELVA or view top-rated stocks among Wall Street analysts. How have ELVA shares performed in 2024? Electrovaya's stock was trading at $3.06 at the start of the year. Since then, ELVA stock has increased by 12.1% and is now trading at $3.43. View the best growth stocks for 2024 here. How were Electrovaya's earnings last quarter? Electrovaya Inc. (NASDAQ:ELVA) posted its earnings results on Tuesday, February, 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.03. The firm had revenue of $12.09 million for the quarter, compared to the consensus estimate of $12.63 million. Electrovaya had a net margin of 1.79% and a trailing twelve-month return on equity of 12.44%. How do I buy shares of Electrovaya? Shares of ELVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ELVA) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap SniperDemocrats Push to Replace Dollar With Digital Coin, Control Currency.Monetary GoldThis 1 Biotech Stock has been shocking the marketsHuge AlertsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsREAD THIS – If You Missed Out On The AI BoomBanyan Hill PublishingElon’s New Device is About to Shock the WorldInvestorPlaceCharles Payne Demystifies OptionsUnstoppable Prosperity Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Electrovaya Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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