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An announcement from Envirotech Vehicles ( (EVTV) ) is now available.
On August 6, 2025, Envirotech Vehicles, Inc. executed a 1-for-10 reverse stock split of its common stock, reducing the number of outstanding shares from approximately 35.3 million to 3.5 million. This move, approved by stockholders on May 1, 2025, aims to enhance the company’s stock market position, with trading on a split-adjusted basis beginning on August 8, 2025, under the unchanged ticker symbol ‘EVTV’.
Spark’s Take on EVTV Stock
According to Spark, TipRanks’ AI Analyst, EVTV is a Underperform.
Envirotech Vehicles has a low overall stock score primarily driven by weak financial performance and poor valuation metrics. Despite some short-term technical recovery indicators, the long-term outlook remains challenging due to persistent losses and cash flow concerns.
To see Spark’s full report on EVTV stock, click here.
More about Envirotech Vehicles
Envirotech Vehicles, Inc. (NASDAQ: EVTV) is a technology company focused on designing and manufacturing electric commercial vehicles that provide sustainable, efficient, and cost-effective transportation solutions. The company is committed to innovation and sustainability in the electric vehicle industry.
Average Trading Volume: 1,220,946
Technical Sentiment Signal: Sell
Current Market Cap: $6.25M
See more data about EVTV stock on TipRanks’ Stock Analysis page.