VMAR - Watch for Continued Losses in Shares of Vision Marine Technologies Inc. (VMAR)
Vision Marine Technologies Inc. (NASDAQ:VMAR) traded today at a new 52-week low of $6.10. This new low was reached on above average trading volume as 276,000 shares traded hands, while the average 30-day volume is approximately 116,000 shares.
Potential upside of 42.5% exists for Vision Marine Technologies Inc., based on a current level of $6.25 and analysts' average consensus price target of $8.90.
Vision Marine Technologies Inc is engaged in designing and manufacturing electric outboard powertrain systems and our related technology. The company manufactures hand-crafted, highly durable, low maintenance, environmentally-friendly electric recreational powerboats. Its manufacturing models of electric powerboats include Phoenix 290, Bruce 22, Volt 180, Fantail 217, and Quietude 156.
In the past 52 weeks, Vision Marine Technologies Inc. share prices are bracketed by a current low of $6.10 and a high of $17.90 and is now at $6.25.
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