Electrovaya Inc. (ELVA.TO)
Makes rechargeable lithium-ion batteries for electric vehicles, forklifts, and energy storage systems.
11.31-0.04%Industrials
StockGlow Score
Leaning Bullish
BearishBullish
1 year ago+68.8%
The outlook
Electrovaya is trading below both its 50- and 200-day moving averages, placing it in the lower half of its 52-week range. Analyst coverage is thin at just two raters, but both rate it a Strong Buy, with an average price target about 6% above the current level. The stock's leaning-bullish sentiment sits in contrast to its recent downtrend and elevated valuation.
What’s behind the score
Analyst consensusStrong Buy — 1.0 avg of 2 analysts
Price trendBelow its 50- & 200-day averages
52-week range47% of the way from its 52-week low to high
Price targetAvg target +6% vs current price
Analyst price target
~12-month · 2 analysts12.04average target+6.4% vs now
Now 11.31
Low 9.73High 14.35
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$559.9M
52-wk high
17.62
52-wk low
5.80
50-day avg
13.98
200-day avg
11.54
Trailing P/E
75.4