E
Sell
12/27/2024Downgrade
Lightning eMotors, Inc. (ZEVY) was downgraded to E+ from D- on 12/27/2024 due to a decline in the volatility index.
D
Sell
12/10/2024Upgraded
Lightning eMotors, Inc. (ZEVY) was upgraded to D- from E+ on 12/10/2024 due to a substantial increase in the valuation index and volatility index.
E
Sell
8/18/2023Downgrade
Lightning eMotors, Inc. (ZEV) was downgraded to E+ from D- on 8/18/2023 due to a significant decline in the valuation index, efficiency index and solvency index. Debt to equity increased from 1.33 to 2.54, the quick ratio declined from 2.45 to 0.29, and total capital declined 14.47% from $103.64M to $88.65M.
D
Sell
3/14/2023Downgrade
Lightning eMotors, Inc. (ZEV) was downgraded to D- from D on 3/14/2023 due to a noticeable decline in the growth index, solvency index and volatility index. Earnings per share declined from -$0.02 to -$0.1112, total revenue declined 61.06% from $11.13M to $4.33M, and operating cash flow declined 34.99% from -$27.81M to -$37.54M.
D
Sell
8/25/2022Upgraded
Lightning eMotors, Inc. (ZEV) was upgraded to D from D- on 8/25/2022 due to a noticeable increase in the growth index, solvency index and valuation index. Earnings per share increased from -$0.1432 to $0.3472, debt to equity declined from 4.36 to 1.33, and EBIT increased 0.81% from -$15.85M to -$15.72M.
D
Sell
5/5/2022Upgraded
Lightning eMotors, Inc. (ZEVY) was upgraded to D- from E+ on 05/05/2022.
E
Sell
4/20/2022Downgrade
Lightning eMotors, Inc. (ZEV) was downgraded to E+ from D- on 4/20/2022 due to a decline in the total return index, growth index and volatility index. EBIT declined 57.57% from -$10.89M to -$17.16M, total revenue declined 32.54% from $6.26M to $4.22M, and operating cash flow declined 17.52% from -$15.19M to -$17.85M.
D
Sell
11/30/2021Upgraded
Lightning eMotors, Inc. (ZEV) was upgraded to D- from E- on 11/30/2021 due to a significant increase in the solvency index, growth index and total return index. Operating cash flow increased 42.6% from -$26.46M to -$15.19M, earnings per share increased from -$0.7865 to -$0.6707, and total revenue increased 5.64% from $5.92M to $6.26M.
E
Sell
8/2/2021None
Lightning eMotors, Inc. (ZEVY) was downgraded to E- from U on 08/02/2021.
