Mid-day Auto-Manufacturers Stock Winners: Ayro, Inc. (NASDAQ: AYRO), Electrameccanica Vehicles Corp. (NASDAQ: SOLO), Kandi Technologies Group, Inc. (NASDAQ: KNDI), Canoo Inc (NASDAQ: GOEV)

Following are the primary auto manufacturers gainers Sector by mid-day session on Tuesday. Keep these stocks on your radar this week.

Ayro, Inc. (NASDAQ: AYRO) opened at $5.19 after gaining 6.13% from its previous day’s close of $ 4.89. The 50 days moving average is well above its 20 days moving average, signalling a bearish trend. The stock saw a total volume of 939,828 shares compared to its average volume of 1.68 million shares. The stock moved within a range of 4.82 – 5.20. Ayro, Inc. designs and manufactures light-duty, emissions-free electric vehicles for urban and community transport, local delivery, closed campus mobility, recreational, and government use. 

Electrameccanica Vehicles Corp. (NASDAQ: SOLO), a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The stock opened at $4.02, which was 7.3333% higher than its previous day close of $3.7500 and ranged between 3.8350 -4.0600 as of 1:30 PM. The stock has gained 228.95% in the year 2021. Over the past 52 weeks, the stock has moved within the range of 1.08 – 13.60.

Kandi Technologies Group, Inc. (NASDAQ: KNDI) develops, produces, and distributes electric vehicle (EV) products and parts and off-road vehicles in the People’s Republic of China and internationally. The stock price today is up by 2.57% to trade at $5.57. 699,228 shares traded hands compared to its average volume of 2.04 million shares. The stock gained 6.67% last week. Its 20-day moving average was 7.80%.

Canoo Inc (NASDAQ: GOEV) stocks moved up 2.67% to trade at $5.59. Investors are apparently responding to the news about GOEV that came out today. Investors who purchased the Company’s securities between August 18, 2020, and March 29, 2021, and suffered losses over $100,000 are encouraged to contact The Schall Law Firm before June 1, 2021. Over the past 52 weeks, the stocks moved within the range of 6.51 – 24.90. Its average volume was 5.12 million shares which were more than its volume of 1.17 million shares.

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