Does Adomani Inc (ADOM) Have Any Gas After Today’s Huge Decline?

The stock of Adomani Inc (NASDAQ:ADOM) is a huge mover today! About 71,176 shares traded. Adomani Inc (NASDAQ:ADOM) has 0.00% since August 2, 2016 and is . It has underperformed by 16.70% the S&P500.
The move comes after 9 months negative chart setup for the $460.99M company. It was reported on Aug, 2 by Barchart.com. We have $6.55 PT which if reached, will make NASDAQ:ADOM worth $13.83M less.

More notable recent Adomani Inc (NASDAQ:ADOM) news were published by: Globenewswire.com which released: “ADOMANI Announces Initial Closing of its Regulation A+ Offering” on May 12, 2017, also Seekingalpha.com with their article: “Stocks to watch next week” published on July 22, 2017, Nasdaq.com published: “ADOMANI, Inc. (Nasdaq: ADOM) to Ring The Nasdaq Stock Market Closing Bell” on July 05, 2017. More interesting news about Adomani Inc (NASDAQ:ADOM) were released by: Globenewswire.com and their article: “ADOMANI Announces Final Closing of its Regulation A Offering” published on June 09, 2017 as well as Globenewswire.com‘s news article titled: “ADOMANI Takes Delivery of First All-Electric Type-D School Bus” with publication date: June 21, 2017.

Adomani, Inc. is engaged in designing, manufacturing and installing electric and hybrid drivetrain systems for use in new school buses and medium to heavy-duty commercial fleet vehicles. The company has market cap of $460.99 million. The Firm also designs, makes and installs conversion kits to replace conventional drivetrain systems for diesel and gasoline powered vehicles, electric or hybrid drivetrain systems. It currently has negative earnings. The hybrid drivetrain systems are available in both an assistive hybrid format and a full-traction format for use in private and commercial fleet vehicles of all sizes.

SOURCE: The Press Telegraphy

by: Clifton Ray

Link: https://presstelegraph.com/does-adomani-inc-adom-have-any-gas-after-todays-huge-decline/

 

Leave a Reply

Your email address will not be published. Required fields are marked *