From MarketBeat:

Beam Global (NASDAQ: BEEM) saw a 12.7% decrease in short interest in December, with institutional investors and hedge funds making positions. Vanguard Group Inc. now owns 465,346 shares, AWM Investment Co Inc. owns 592,363 shares, and Invesco Ltd. owns 357,417 shares. Beam Global’s 12-month low is $5.00, high is $18.89, and it has a market cap of $100.89 million.

Beam Global last reported earnings with ($0.26) EPS, beating estimates by $0.02, with a negative net margin of 34.05% and a negative return on equity of 50.60%. Revenue for the quarter was $16.49 million, below analysts’ expectations of $16.77 million, and analysts expect the company to post -1.18 EPS for the year.

Beam Global is a cleantech company that designs, develops, and sells renewably energized infrastructure products for EV charging, energy storage, disaster preparedness, and outdoor media advertising. Its portfolio includes EV ARC, Solar Tree DCFC, and EV ARC DCFC. The company was reviewed and this story was verified by MarketBeat’s editorial team prior to publication.

While Beam Global has a “Moderate Buy” rating, top-rated analysts recommend five other stocks as better buys. You can view the list of these stocks and their promising long-term outlooks by clicking the links provided.



Read more: Beam Global (NASDAQ:BEEM) Short Interest Update