Ree Automotive Holding Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $0.1526
- Today's High:
- $0.174
- Open Price:
- $0.16
- 52W Low:
- $0.141
- 52W High:
- $1.25
- Prev. Close:
- $0.152
- Volume:
- 1318708
Company Statistics
- Market Cap.:
- $48.48 million
- Book Value:
- 0.507
- Revenue TTM:
- $943000
- Operating Margin TTM:
- 0%
- Gross Profit TTM:
- $-547000
- Profit Margin:
- 0%
- Return on Assets TTM:
- -32.35%
- Return on Equity TTM:
- -58.91%
Company Profile
Ree Automotive Holding Inc had its IPO on 2021-07-23 under the ticker symbol REE.
The company operates in the Consumer Cyclical sector and Recreational Vehicles industry. Ree Automotive Holding Inc has a staff strength of 291 employees.
Stock update
Shares of Ree Automotive Holding Inc opened at $0.16 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.15 - $0.17, and closed at $0.17.
This is a +9.74% increase from the previous day's closing price.
A total volume of 1,318,708 shares were traded at the close of the day’s session.
In the last one week, shares of Ree Automotive Holding Inc have slipped by -14.9%.
Ree Automotive Holding Inc's Key Ratios
Ree Automotive Holding Inc has a market cap of $48.48 million, indicating a price to book ratio of 0.5818 and a price to sales ratio of 73432.6448.
In the last 12-months Ree Automotive Holding Inc’s revenue was $943000 with a gross profit of $-547000 and an EBITDA of $-119107000. The EBITDA ratio measures Ree Automotive Holding Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ree Automotive Holding Inc’s operating margin was 0% while its return on assets stood at -32.35% with a return of equity of -58.91%.
In Q2, Ree Automotive Holding Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 100%.
Ree Automotive Holding Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.36 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 Ree Automotive Holding Inc’s profitability.
Ree Automotive Holding Inc stock is trading at a EV to sales ratio of 27789.5947 and a EV to EBITDA ratio of 0.3655. Its price to sales ratio in the trailing 12-months stood at 73432.6448.
Ree Automotive Holding 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
- $165.52 million
- Total Liabilities
- $18.27 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $40500
- Dividend Payout Ratio
- 0%
Ree Automotive Holding Inc ended 2024 with $165.52 million in total assets and $0 in total liabilities. Its intangible assets were valued at $165.52 million while shareholder equity stood at $129.57 million.
Ree Automotive Holding Inc ended 2024 with $0 in deferred long-term liabilities, $18.27 million in other current liabilities, in common stock, $-776761000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $37.49 million and cash and short-term investments were $104.95 million. The company’s total short-term debt was $2,592,000 while long-term debt stood at $0.
Ree Automotive Holding Inc’s total current assets stands at $117.73 million while long-term investments were $0 and short-term investments were $67.46 million. Its net receivables were $1.60 million compared to accounts payable of $4.82 million and inventory worth $67750.00.
In 2024, Ree Automotive Holding Inc's operating cash flow was $0 while its capital expenditure stood at $40500.
Comparatively, Ree Automotive Holding Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $0.17
- 52-Week High
- $1.25
- 52-Week Low
- $0.141
- Analyst Target Price
- $0.91
Ree Automotive Holding Inc stock is currently trading at $0.17 per share. It touched a 52-week high of $1.25 and a 52-week low of $1.25. Analysts tracking the stock have a 12-month average target price of $0.91.
Its 50-day moving average was $0.28 and 200-day moving average was $0.37 The short ratio stood at 1.08 indicating a short percent outstanding of 0%.
Around 2116.2% of the company’s stock are held by insiders while 2603.8% are held by institutions.
Frequently Asked Questions About Ree Automotive Holding Inc
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About
REE Automotive Ltd. operates as an automotive technology company in Israel, the United Kingdom, the United States, Germany, and internationally. The company offers REEcorner integrates vehicle components comprising as steering, braking, suspension, powertrain, and control into single compact module between the chassis and the wheel, which is controlled by its electronic unit functions, which includes drive-by-wire, steer-by-wire, break-by-wire, DaaS, smart corners, and design for serviceability; and REEplatform, a modular electric vehicle platform. It provides P7 EV Modular Platform designed for commercial delivery vehicles and walk-in vans; and Proxima Powered by REE, a class 5 fully drive-by-wire walk-in step van, which comprises EAVX and Morgan Olson body paired with REE’s fully-flat modular P7 chassis and x-by-wire technology, which includes improved aerodynamics, enhanced driver ergonomics, driver visibility and safety, and enhanced maneuverability. Further, the company provides P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with REE’s all-wheel drive and all-wheel steer for vehicle control, handling, and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, MaaS providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.