Published on 6 May 2022 on Simply Wall St. via Yahoo Finance
Is XL Fleet Corp. (NYSE:XL) Potentially Undervalued?
XL Fleet Corp. (NYSE:XL), is not the largest company out there, but it received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$2.45 at one point, and dropping to the lows of US$1.40. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether XL Fleet's current trading price of US$1.50 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at XL Fleet’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Check out our latest analysis for XL Fleet
What's the opportunity in XL Fleet?