$ 1.75
Key Takeaways
Risk factor
Very high price volatility
Data is available to registered users only
Data is available to registered users only
Profitability factor
Very low or no dividends
Data is available to registered users only
Data is available to registered users only
About
Lordstown Motors Corp., established in 2018 and operating out of Lordstown, Ohio, is dedicated to the creation, manufacturing, and distribution of the Endurance, an all-electric full-size pickup truck designed specifically for commercial fleet clients across the United States. However, as of June 27, 2023, Lordstown Motors and its associated entities formally entered Chapter 11 bankruptcy, filing a voluntary petition for reorganization with the U.S. Bankruptcy Court for the District of Delaware.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
Data is available to registered users only