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Electrameccanica (SOLO) Jumps: Stock Rises 7.3%

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Electrameccanica Vehicles Corp. (SOLO - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up 145.9% in the past one-month time frame.
 
The company has seen a mixed track record when it comes to estimate revision of none increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Electrameccanica currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.  

Investors interested in the Automotive – Foreign industry may consider Honda Motor Co., Ltd. (HMC - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Honda Motor Co., Ltd. (HMC) - free report >>

ElectraMeccanica Vehicles Corp. (SOLO) - free report >>

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