Forza X1 Receives Order from OneWater Marine Indicating its Intention to Initially Purchase 100 Units of the Companys 22-foot Electric Boats
FRZADelisted Stock | USD 0.24 0.03 14.29% |
About 55% of Forza X1's investors are presently thinking to get in. The analysis of overall sentiment of trading Forza X1 stock suggests that some investors are interested at this time. The current market sentiment, together with Forza X1's historical and current headlines, can help investors time the market. In addition, many technical investors use Forza X1 stock news signals to limit their universe of possible portfolio assets.
Forza |
Forza X1, Inc. , a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today that it received an initial purchase order from OneWater Marine, Inc. indicating its intention to purchase 100 units of the Companys upcoming 22-foot electric monohull boat. As Forza gets into commercialization, the order could equate to approximately 12,000,000 in revenue.
Read at finance.yahoo.com
Forza X1 Fundamental Analysis
We analyze Forza X1's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forza X1 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forza X1 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Forza X1 is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Forza X1 Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Forza X1 stock to make a market-neutral strategy. Peer analysis of Forza X1 could also be used in its relative valuation, which is a method of valuing Forza X1 by comparing valuation metrics with similar companies.
Peers
Forza X1 Related Equities
VMAR | Vision Marine | 46.43 | ||||
EZGO | EZGO Technologies | 8.62 | ||||
LCII | LCI Industries | 3.85 | ||||
MPX | Marine Products | 3.42 | ||||
VEEE | Twin Vee | 2.63 | ||||
BC | Brunswick | 2.26 | ||||
MCFT | MCBC Holdings | 1.88 | ||||
REE | Ree Automotive | 0.47 |
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Other Consideration for investing in Forza Stock
If you are still planning to invest in Forza X1 check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Forza X1's history and understand the potential risks before investing.
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