(CLEMO) Clean Motion - Ratings and Ratios

Clean Motion AB is a Swedish electric vehicle manufacturer that has been pioneering sustainable transportation solutions since its inception in 2009. With its headquarters in Jonsered, Sweden, the company has developed a range of electric vehicles, including the EVIG, a city-centric electric delivery vehicle, and the Zbee, a lightweight electric vehicle designed for transportation and goods. The companys product portfolio caters to various industries, including postal and parcel services, pallet transportation, and facility maintenance.

From a market perspective, Clean Motion ABs stock (CLEMO) is listed as a common stock under the Automobile Manufacturers sub-industry, as per the GICS classification. The companys market capitalization stands at 38.29M SEK, indicating a relatively small-cap stock. The absence of a price-to-earnings ratio, both current and forward, suggests that the company is currently unprofitable, which is further reinforced by the negative return on equity of -50.11%. This indicates that the company is still in a growth phase, investing heavily in its business.

Analyzing the technical data, the stocks last price is 0.33, with a 20-day simple moving average (SMA) of 0.34 and a 50-day SMA of 0.28, indicating a potential bullish crossover. The 200-day SMA stands at 0.43, suggesting a longer-term downtrend. The average true range (ATR) is 0.06, representing a volatility of 16.84%. The stocks 52-week high and low are 2.98 and 0.18, respectively, indicating a significant price swing. Based on the technical indicators, a potential trading range could be between 0.28 and 0.43.

Combining the fundamental and technical data, a forecast for Clean Motion ABs stock could be as follows: given the companys growth stage and the increasing demand for electric vehicles, its likely that the stock will experience a surge in the short to medium term. However, the current unprofitability and negative RoE may continue to weigh on the stocks performance. A potential price target could be around 0.50-0.60, representing a 50-80% increase from the current price. Nevertheless, this is a high-risk, high-reward investment, and investors should be cautious of the stocks volatility and the companys financial performance.