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Sunday, April 2, 2023

Sono Group N.V. (NASDAQ: SEV) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Sono Group N.V. (SEV) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 8.77%, to $0.62. The Sono Group N.V. has recorded 63,398 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Sono Motors Announces It Has Signed With a Second Passenger Car Manufacturer.

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Stocks Info

Sono Group N.V. is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Auto Manufacturers industry. At the end of the last regular session, the stock closed at $0.57 and fluctuated between $0.6621 as its day high and $0.5700 as its day low. The current market capitalization of Sono Group N.V. is $50.70M. A total of 1.04 million shares were traded on the day, compared to an average of 1.25M shares.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SEV in the last 3 months, the mean price target is $1.88 with high estimates of $3.79 and low estimates of $0.85. In terms of 52-week highs and lows, SEV has a high of $8.75 and a low of $0.54.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SEV is Overweight with a score of 3.50. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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