VMC Stock Overview
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Vicinity Motor Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.90 |
| 52 Week High | CA$1.82 |
| 52 Week Low | CA$0.84 |
| Beta | 0.49 |
| 1 Month Change | -10.89% |
| 3 Month Change | -22.41% |
| 1 Year Change | -13.46% |
| 3 Year Change | -87.57% |
| 5 Year Change | -47.37% |
| Change since IPO | -45.45% |
Recent News & Updates
Recent updates
Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share Price
Apr 02
Is Vicinity Motor (CVE:VMC) Using Too Much Debt?
Jul 21Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?
May 24Is Vicinity Motor (CVE:VMC) A Risky Investment?
Aug 10Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of Debt
Apr 14The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are Delighted
Jan 27Shareholder Returns
| VMC | CA Machinery | CA Market | |
|---|---|---|---|
| 7D | -4.3% | -0.9% | -1.9% |
| 1Y | -13.5% | -11.4% | 3.7% |
Return vs Industry: VMC matched the Canadian Machinery industry which returned -13% over the past year.
Return vs Market: VMC underperformed the Canadian Market which returned 3.6% over the past year.
Price Volatility
| VMC volatility | |
|---|---|
| VMC Average Weekly Movement | 11.5% |
| Machinery Industry Average Movement | 7.6% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: VMC's share price has been volatile over the past 3 months.
Volatility Over Time: VMC's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 57 | William Trainer | vicinitymotorcorp.com |
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021.
Vicinity Motor Corp. Fundamentals Summary
| VMC fundamental statistics | |
|---|---|
| Market cap | CA$41.10m |
| Earnings (TTM) | -CA$22.90m |
| Revenue (TTM) | CA$26.23m |
1.6x
P/S Ratio-1.8x
P/E RatioIs VMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VMC income statement (TTM) | |
|---|---|
| Revenue | US$19.05m |
| Cost of Revenue | US$16.91m |
| Gross Profit | US$2.14m |
| Other Expenses | US$18.77m |
| Earnings | -US$16.63m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.36 |
| Gross Margin | 11.21% |
| Net Profit Margin | -87.31% |
| Debt/Equity Ratio | 169.9% |
How did VMC perform over the long term?
See historical performance and comparison