Volcon Inc

Company Profile

Volcon Inc had its IPO on 2021-10-06 under the ticker symbol VLCN.

The company operates in the Consumer Cyclical sector and Auto Manufacturers industry. Volcon Inc has a staff strength of 53 employees.

Stock update

Shares of Volcon Inc opened at $0.59 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.58 - $0.6, and closed at $0.58.

This is a -0.71% slip from the previous day's closing price.

A total volume of 59,486 shares were traded at the close of the day’s session.

In the last one week, shares of Volcon Inc have increased by +24.21%.

Volcon Inc's Key Ratios

Volcon Inc has a market cap of $14.39 million, indicating a price to book ratio of 3.4308 and a price to sales ratio of 6.7244.

In the last 12-months Volcon Inc’s revenue was $2.68 million with a gross profit of $-8695477 and an EBITDA of $-23224506. The EBITDA ratio measures Volcon Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Volcon Inc’s operating margin was -886.01% while its return on assets stood at -87.62% with a return of equity of -558.52%.

In Q2, Volcon Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 78.1%.

Volcon Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.83 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 Volcon Inc’s profitability.

Volcon Inc stock is trading at a EV to sales ratio of 5.8158 and a EV to EBITDA ratio of -0.6146. Its price to sales ratio in the trailing 12-months stood at 6.7244.

Volcon 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

$21.04 million

Total Liabilities

$44.00 million

Operating Cash Flow

$0

Capital Expenditure

$59672

Dividend Payout Ratio

0%

Volcon Inc ended 2024 with $21.04 million in total assets and $0 in total liabilities. Its intangible assets were valued at $21.04 million while shareholder equity stood at $-23986123.00.

Volcon Inc ended 2024 with $0 in deferred long-term liabilities, $44.00 million in other current liabilities, 260.00 in common stock, $-106062590.00 in retained earnings and $0 in goodwill. Its cash balance stood at $7.97 million and cash and short-term investments were $7.97 million. The company’s total short-term debt was $29,005,832 while long-term debt stood at $77401.00.

Volcon Inc’s total current assets stands at $18.53 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $233604.00 compared to accounts payable of $655376.00 and inventory worth $4.69 million.

In 2024, Volcon Inc's operating cash flow was $0 while its capital expenditure stood at $59672.

Comparatively, Volcon Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.58

52-Week High

$2.66

52-Week Low

$0.42

Analyst Target Price

$6

Volcon Inc stock is currently trading at $0.58 per share. It touched a 52-week high of $2.66 and a 52-week low of $2.66. Analysts tracking the stock have a 12-month average target price of $6.

Its 50-day moving average was $0.56 and 200-day moving average was $1.06 The short ratio stood at 0.94 indicating a short percent outstanding of 0%.

Around 2324.8% of the company’s stock are held by insiders while 330.9% are held by institutions.