Do analysts agree Thursday on the target price for Electric Last Mile Solutions Inc (ELMS) stock?

InvestorsObserver gives Electric Last Mile Solutions Inc (ELMS) an analyst rating of 13, meaning ELMS is ranked higher by analysts than 13% of stocks. The average price target for ELMS is $9.583 and analysts rate the stock as a buy.

Why are analyst ratings important?

You can learn a lot about a company by looking at its financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research. They usually follow a particular sector or industry very closely. They also pay attention and ask questions during earnings conference calls and other events where they might learn information that appears in the numbers.

InvestorsObserver takes the average rating of these analysts and then ranks these averages into percentiles. This allows you to compare stocks in a much more granular way than just seeing the typical five-tier rating system used across much of Wall Street.

What’s going on with Electric Last Mile Solutions Inc’s inventory today?

Electric Last Mile Solutions Inc (ELMS) stock is trading at $1.17 at 10:36 a.m. on Thursday, March 17, up $0.12, or 11.43% from the previous closing price of 1 $.05. The stock has traded between $1.01 and $1.21 so far today. Today, the volume is below average. So far, 555,005 shares have been traded with an average volume of 1,689,178 shares. Click here for the full stock report for Electric Last Mile Solutions Inc. stock.

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