|Bid||3.5800 x 3000|
|Ask||3.5900 x 3000|
|Day's range||3.4700 - 3.8200|
|52-week range||3.4700 - 38.9000|
|Beta (5Y monthly)||0.72|
|PE ratio (TTM)||6.93|
|Earnings date||15 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.67|
Romeo Power (RMO) has been struggling lately, but the selling pressure may be coming to an end soon.
Down 55% from the start of the year through yesterday's trading session, shares of Romeo Power (NYSE: RMO) have ridden a rocky road in 2021. Today, however, the stock is making a U-turn as investors celebrate the third-quarter earnings report that the developer of electrification solutions for commercial vehicles reported after the bell yesterday. As of 11:20 a.m. EST on Tuesday, shares of Romeo Power are up 16%, having given back some of the 25% rise that they experienced earlier this morning.
LOS ANGELES, November 15, 2021--Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the third quarter ending September 30, 2021.