(REE) Ree Automotive Holding - Ratings and Ratios

REE Automotive Holding Inc. (NASDAQ:REE) is a global automotive technology company headquartered in Herzliya, Israel, with operations in France, the United Kingdom, the United States, and other international markets. The company specializes in developing innovative electric vehicle (EV) platforms and components, focusing on modular, scalable, and customizable solutions for commercial and industrial applications. REEs core product, REEcorner, is a groundbreaking compact module that integrates essential vehicle functions such as steering, braking, suspension, powertrain, and control systems into a single unit, enabling enhanced efficiency and design flexibility. The company also offers the REEplatform, a modular chassis designed to support a wide range of vehicle types, from delivery vans to Class 4 commercial trucks, with the ability to customize the top structure according to specific customer requirements without altering the base platform.

REEs product portfolio includes the P7-S Strip Chassis, optimized for commercial delivery vehicles and walk-in vans; the P7-C Chassis Cab and Cutaway Chassis, a fully electric Class 4 chassis cab designed for delivery and vocational applications; and the P7-B Box Truck, a Class 3 box truck built on the P7 cab chassis, featuring all-wheel drive and all-wheel steering for improved handling and safety in challenging conditions. The company primarily serves original equipment manufacturers (OEMs), delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous driving companies. REEs solutions aim to address the growing demand for electrification, modularity, and efficiency in the automotive and commercial vehicle sectors.

Based on the provided data, REE Automotive Holding Inc. is listed on the NASDAQ under the ticker symbol REE. The company is classified under the GICS Sub Industry Apparel, Accessories & Luxury Goods, though its core business aligns more closely with automotive technology and electric vehicle innovation. The companys market capitalization stands at $151.16 million, with a price-to-book (P/B) ratio of 2.62, indicating a premium valuation relative to its book value. The price-to-sales (P/S) ratio of 241.46 suggests high expectations for future revenue growth. However, the lack of a trailing or forward P/E ratio (0.00) indicates that the company is either not yet profitable or has negative earnings.

From a technical perspective, REEs stock is currently trading at $6.44, below its 20-day simple moving average (SMA) of $7.66 but above its 200-day SMA of $6.25. This suggests a near-term bearish trend but a longer-term bullish outlook. The stocks average true range (ATR) of 0.59 reflects moderate volatility. Over the next three months, if the stock price breaks above the 20-day SMA and maintains momentum, it could test resistance levels near $8.00. Conversely, a drop below the 200-day SMA of $6.25 could signal a deeper correction, potentially targeting $5.50. The low average volume of 29,217 shares over the past 20 days may result in heightened volatility during periods of news or catalysts.

Fundamentally, REEs high P/S ratio of 241.46 underscores investor confidence in its growth potential, driven by its unique EV platform technology and expanding customer base in the commercial vehicle sector. However, the lack of profitability and high valuation multiples may pose risks for investors seeking near-term returns. Over the next three months, the companys ability to secure new partnerships, demonstrate production scalability, and achieve revenue growth will be critical factors influencing its stock performance.