Vision Marine Technologies Postpones Annual Shareholders Meeting

An announcement from Vision Marine Technologies ( (VMAR) ) is now available.

Vision Marine Technologies Inc. has postponed its Annual Meeting of Shareholders from May 15 to May 23, 2025, to allow more time to reach quorum and encourage broader participation. The Board of Directors recommends shareholders vote in favor of the proposals in the proxy statement, and those who have already voted do not need to take further action unless they wish to change their vote.

Spark’s Take on VMAR Stock

According to Spark, TipRanks’ AI Analyst, VMAR is a Neutral.

Vision Marine Technologies has a low overall stock score due to significant financial struggles, including declining revenues and persistent losses. Technical indicators are mixed, suggesting cautious market momentum. Valuation concerns also weigh heavily, as reflected in the negative P/E ratio. The absence of earnings call or significant corporate events data provides no additional insights to offset these challenges.

To see Spark’s full report on VMAR stock, click here.

More about Vision Marine Technologies

Vision Marine Technologies Inc. is a leader in the marine industry’s transition to electric propulsion, offering the innovative E-Motion™ outboard powertrain system. The company focuses on eco-friendly electric powerboats, aiming to enhance the recreational boating experience with higher speeds, longer ranges, and smoother rides, while promoting sustainability.

YTD Price Performance: -57.64%

Average Trading Volume: 182,277

Technical Sentiment Signal: Buy

Current Market Cap: $7.45M

See more insights into VMAR stock on TipRanks’ Stock Analysis page.