Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
REE Automotive Ltd. operates in the electric mobility sector, focusing on innovative solutions for electric vehicles. The company's key development is its REEcorner technology, which ingeniously consolidates critical vehicle drive components—such as steering, braking, suspension, powertrain, and control systems—directly within the arch of the wheel. Furthermore, REE Automotive also designs and produces the REEboard, a versatile, low-profile chassis specifically engineered for electric vehicles. The firm's corporate headquarters are situated in Herzliya, Israel.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers.