Embark Technology Inc

Company Profile

Embark Technology Inc had its IPO on 2021-03-05 under the ticker symbol EMBK.

The company operates in the Technology sector and Software-Application industry. Embark Technology Inc has a staff strength of 329 employees.

Stock update

Shares of Embark Technology Inc opened at $2.88 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.88 - $2.88, and closed at $2.88.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Embark Technology Inc have increased by 0%.

Embark Technology Inc's Key Ratios

Embark Technology Inc has a market cap of $67.13 million, indicating a price to book ratio of 0.3256 and a price to sales ratio of 0.

In the last 12-months Embark Technology Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-142679008. The EBITDA ratio measures Embark Technology Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Embark Technology Inc’s operating margin was 0% while its return on assets stood at -42.09% with a return of equity of -82.34%.

In Q1, Embark Technology Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Embark Technology Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-6.32 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Embark Technology Inc’s profitability.

Embark Technology Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0.7167. Its price to sales ratio in the trailing 12-months stood at 0.

Embark Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$153.44 million

Total Liabilities

$11.80 million

Operating Cash Flow

$-1147000.00

Capital Expenditure

$1.15 million

Dividend Payout Ratio

0%

Embark Technology Inc ended 2024 with $153.44 million in total assets and $0 in total liabilities. Its intangible assets were valued at $153.44 million while shareholder equity stood at $125.69 million.

Embark Technology Inc ended 2024 with $0 in deferred long-term liabilities, $11.80 million in other current liabilities, 2000.00 in common stock, $-349128000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $126.20 million and cash and short-term investments were $126.20 million. The company’s total short-term debt was $2,984,000 while long-term debt stood at $1.18 million.

Embark Technology Inc’s total current assets stands at $134.20 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $494000.00 compared to accounts payable of $909000.00 and inventory worth $0.

In 2024, Embark Technology Inc's operating cash flow was $-1147000.00 while its capital expenditure stood at $1.15 million.

Comparatively, Embark Technology Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.88

52-Week High

$26.2

52-Week Low

$2.02

Analyst Target Price

$3

Embark Technology Inc stock is currently trading at $2.88 per share. It touched a 52-week high of $26.2 and a 52-week low of $26.2. Analysts tracking the stock have a 12-month average target price of $3.

Its 50-day moving average was $2.86 and 200-day moving average was $3.24 The short ratio stood at 9.63 indicating a short percent outstanding of 0%.

Around 277.2% of the company’s stock are held by insiders while 6618.7% are held by institutions.