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How to buy ElectraMeccanica (SOLO) shares

Learn how to easily invest in ElectraMeccanica shares.

Electrameccanica Vehicles Corp (SOLO) is a leading auto manufacturers business based in the US. It opened the day at USD$3.845 after a previous close of USD$3.83. During the day the price has varied from a low of USD$3.76 to a high of USD$3.87. The latest price was USD$3.86 (25 minute delay). ElectraMeccanica is listed on the NASDAQ and employs 223 staff. All prices are listed in US Dollars.

How to buy shares in ElectraMeccanica

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. To buy shares in a US-listed company from New Zealand, you'll need to find a trading platform that allows access to US markets.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Electrameccanica Vehicles Corp. Find the stock by name or ticker symbol – SOLO – and research it before deciding if it's a good investment for you.
  4. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of SOLO, depending on your share trading account.
  5. Purchase now or later. Buy your desired number of shares today with a market order or use a limit order to delay your purchase until SOLO reaches a desired price.
  6. Check in on your investment. Congratulations, you own a part of Electrameccanica Vehicles Corp. Optimise your portfolio by tracking your stock — and even the business — performs with an eye on the long term.

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ElectraMeccanica shares at a glance

Information last updated 2021-07-09.
Open$3.85
High$3.87
Low$3.76
Close$3.86
Previous close$3.83
Change $0.03
Change % 0.7833%
Volume 1,622,325
Information last updated 2023-02-02.
52-week range$0.57 - $2.44
50-day moving average $0.94
200-day moving average $1.31
Wall St. target price$4.20
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-0.51

ElectraMeccanica stock price (NASDAQ:SOLO)

Use our graph to track the performance of SOLO stocks over time.

ElectraMeccanica price performance over time

Historical closes compared with the close of $3.86 from 2023-02-03

1 week (2023-01-30) 297.41%
1 month (2023-01-06) 459.42%
3 months (2022-11-04) 219.01%
6 months (2022-08-05) 147.44%
1 year (2022-02-03) 91.09%
2 years (2021-02-05) -55.58%
3 years (2020-02-06) 75.45%
5 years (2018-02-05) 4.56

ElectraMeccanica financials

Revenue TTM $5.5 million
Gross profit TTM $-2,233,911
Return on assets TTM -21.19%
Return on equity TTM -34.98%
Profit margin 0%
Book value $1.58
Market capitalisation $127.2 million

TTM: trailing 12 months

ElectraMeccanica share dividends

We're not expecting ElectraMeccanica to pay a dividend over the next 12 months.

Have ElectraMeccanica's shares ever split?

ElectraMeccanica's shares were split on a 1:2 basis on 16 May 2018. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your ElectraMeccanica shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for ElectraMeccanica shares which in turn could have impacted ElectraMeccanica's share price.

ElectraMeccanica share price volatility

Over the last 12 months, ElectraMeccanica's shares have ranged in value from as little as $0.57 up to $2.44. A popular way to gauge a stock's volatility is its "beta".

SOLO.US volatility(beta: 2.37)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while ElectraMeccanica's is 2.3687. This would suggest that ElectraMeccanica's shares are significantly more volatile than the average for this exchange and represent a higher risk.

ElectraMeccanica overview

Electrameccanica Vehicles Corp. , a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.

Shares similar to ElectraMeccanica

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involve substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances and obtain your own advice before making any trades.

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