Apollon Wealth Management LLC raised its stake in shares of Electrameccanica Vehicles Corp. (NASDAQ:SOLO – Get Rating) by 60.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,363 shares of the company's stock after buying an additional 16,000 shares during the quarter. Apollon Wealth Management LLC's holdings in Electrameccanica Vehicles were worth $57,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Ergoteles LLC acquired a new stake in Electrameccanica Vehicles during the 1st quarter valued at $31,000. Envestnet Asset Management Inc. acquired a new stake in Electrameccanica Vehicles during the 2nd quarter valued at $33,000. Capital Square LLC acquired a new stake in Electrameccanica Vehicles during the 1st quarter valued at $34,000. SNS Financial Group LLC acquired a new stake in Electrameccanica Vehicles during the 1st quarter valued at $43,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Electrameccanica Vehicles during the first quarter worth $51,000. Institutional investors and hedge funds own 10.87% of the company's stock.
Get Electrameccanica Vehicles alerts:Electrameccanica Vehicles Price Performance
SOLO stock opened at $1.15 on Friday. Electrameccanica Vehicles Corp. has a 52-week low of $1.01 and a 52-week high of $3.15. The stock's fifty day simple moving average is $1.18 and its 200-day simple moving average is $1.38. The stock has a market capitalization of $136.40 million, a price-to-earnings ratio of -1.77 and a beta of 2.22.
Electrameccanica Vehicles Company Profile
(Get Rating)Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster.
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