Ree Automotive Holding Stock Today

REE Stock  USD 7.70  0.13  1.66%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 69

 
High
 
Low
Quite High
Ree Automotive is trading at 7.70 as of the 28th of November 2024, a 1.66 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.29. Ree Automotive has more than 69 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Ree Automotive Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
23rd of July 2021
Category
Consumer Cyclical
Classification
Consumer Discretionary
The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. Ree Automotive is traded on NASDAQ Exchange in the United States.. The company has 18.61 M outstanding shares of which 268.29 K shares are at this time shorted by investors with about 3.32 days to cover. More on Ree Automotive Holding

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Ree Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Old NameRed Eléctrica Corporación S.A.
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, VN100, VN Index, IBEX Total Return, VN Mid Cap, VN All Shares, Wireless, Automobiles and Trucks, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Recreational Vehicles, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0110.0105
Sufficiently Up
Pretty Stable
Total Current Liabilities36.9 M35.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total18.5 M24.6 M
Way Down
Slightly volatile
Total Assets191.1 M137.9 M
Significantly Up
Slightly volatile
Total Current Assets116.9 M93.5 M
Significantly Up
Slightly volatile
Debt Levels
Ree Automotive can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ree Automotive's financial leverage. It provides some insight into what part of Ree Automotive's total assets is financed by creditors.
Liquidity
Ree Automotive Holding has 38.68 M in debt with debt to equity (D/E) ratio of 0.07, which may show that the company is not taking advantage of profits from borrowing. Ree Automotive Holding has a current ratio of 15.36, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ree to invest in growth at high rates of return.

Investments

65.37 Million
Ree Automotive Holding (REE) is traded on NASDAQ Exchange in USA. It is located in Kibbutz Glil-Yam, Herzliya, Israel, 4690500 and employs 244 people. Ree Automotive is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 145.74 M. Ree Automotive Holding runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 18.61 M outstanding shares of which 268.29 K shares are at this time shorted by investors with about 3.32 days to cover. Ree Automotive Holding has about 206.83 M in cash with (89.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
Check Ree Automotive Probability Of Bankruptcy
Ownership Allocation
Ree Automotive owns a total of 18.61 Million outstanding shares. Ree Automotive has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ree Ownership Details

Ree Stock Institutional Holders

InstituionRecorded OnShares
Simplex Trading, Llc2024-06-30
2.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
1.6 K
Group One Trading, Lp2024-06-30
1.4 K
Goss Wealth Management Llc2024-06-30
545
Tower Research Capital Llc2024-06-30
245
Tradewinds Capital Management, Llc2024-09-30
167
Steward Partners Investment Advisory, Llc2024-06-30
67.0
Larson Financial Group, Llc2024-06-30
67.0
Advisor Group Holdings, Inc.2024-06-30
66.0
M&g Plc2024-06-30
1.7 M
Clal Insurance Enterprises Holdings Ltd2024-09-30
458.6 K
View Ree Automotive Diagnostics

Ree Automotive Historical Income Statement

At present, Ree Automotive's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 186.6 M, whereas EBIT is forecasted to decline to (125.9 M). View More Fundamentals

Ree Stock Against Markets

Ree Automotive Corporate Management

Tali MillerChief OfficerProfile
Yaron ZaltsmanChief OfficerProfile
Daniel BarelCEO CoFounderProfile
Josh TechChief OfficerProfile
Joshua TechChief OfficerProfile
Keren ShemeshChief OfficerProfile
Avital FuttermanGeneral SecretaryProfile
When determining whether Ree Automotive Holding is a strong investment it is important to analyze Ree Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ree Automotive's future performance. For an informed investment choice regarding Ree Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ree Automotive Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ree Automotive. If investors know Ree will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ree Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.84)
Revenue Per Share
0.075
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.45)
Return On Equity
(0.99)
The market value of Ree Automotive Holding is measured differently than its book value, which is the value of Ree that is recorded on the company's balance sheet. Investors also form their own opinion of Ree Automotive's value that differs from its market value or its book value, called intrinsic value, which is Ree Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ree Automotive's market value can be influenced by many factors that don't directly affect Ree Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ree Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ree Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ree Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.