REE Automotive Ltd.
(REE)
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4.99 USD +0.09
Closed: 17 May, 3:55 pm
Symbol REE
Market Cap 67.9M
Price 4.99
Open 4.81
52-wk High 13.77
50 Day Avg 4.83
Earnings Announcement 2024-05-23
Website https://www.ree.auto
Name REE Automotive Ltd.
Shares Outstanding 13,608,139
Change % 5.7203%
Low 4.75
52-wk Low 2.30
200 Day Avg 5.14
Last Dividend 0.00
Exchange NASDAQ
Volume 129,509
Previous Close 4.72
High 5.24
EPS -11.32
PE -0.44
Avg Volume 31,146
CUSIP M8287R103
REE Automotive Ltd. Outlook
Description REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.
Currency USD
ISIN IL0011786154
Industry Auto - Recreational Vehicles
Changes 0.27
CUSIP M8287R103
Range 2.30 - 13.77
Beta 3.01
CIK 0001843588

REE Automotive Ltd. News

17-May-2024 8:00 AM

REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024

TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its first quarter 2024 financial results before market open on Thursday, May 30, 2024.

16-May-2024 7:00 AM

REE Automotive's P7-C Electric Trucks and Platforms Approved for $30,000 Incentive Per Vehicle in Massachusetts

REE's class 4 software-driven commercial EV was approved for the Massachusetts MOR-EV truck incentive which, when combined with the federal credit, could total up to $70,000 in cost savings per vehicle

11-Apr-2024 11:22 AM

FARUK KIRUNDA: Busoga’s REEs to kick poverty out of the sub-region 

Busoga sub-region is at the verge of achieving rapid socioeconomic transformation following the discovery of Rare Earth Elements (REE) on an unprecedented scale. The discovery has caused excitement and raised the spirits of everyone here. This could be the time for Busoga to shake off the tag of poverty and backwardness. With the discovery, a […] The post FARUK KIRUNDA: Busoga’s REEs to kick poverty out of the sub-region appeared first on Watchdog Uganda...

03-Apr-2024 1:00 PM

All You Need to Know About REE Automotive (REE) Rating Upgrade to Buy

REE Automotive (REE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

27-Mar-2024 3:00 PM

REE Automotive Ltd (REE) Q4 2023 Earnings Call Transcript

REE Automotive Ltd (REE) Q4 2023 Earnings Call Transcript

27-Mar-2024 7:00 AM

REE Automotive Reports Fourth Quarter and Fiscal Year 2023 Financial Results

REE has accomplished the majority of its milestones as the first to commercialize full x-by-wire technology, setting the path for sustainable growth REE has accomplished the majority of its milestones as the first to commercialize full x-by-wire technology, setting the path for sustainable growth

27-Mar-2024 6:55 AM

Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million

- REE's authorized dealer network grows to 66 sales and service locations across the U.S. and Canada through 20 authorized dealers - New dealers include Macnab EV Sales Corp., Pacific Mobility Group and Kaizen Automotive Group - REE expands partnerships with leading body builders, adding Hackney, North American manufacturer of side load beverage and vending bodies, solutions to upfit REE's P7-C chassis cab TEL AVIV, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced key business updates, leading with the current order value book value surpassing $50 million and the expansion of REE's authorized dealer network, which now covers 66 locations of sales and service across the U.S. and Canada.

25-Mar-2024 8:00 AM

REE Automotive P7-C Receives CARB Certifications

• Powered by REE P7-C electric truck is eligible for sale in California • Certifications makes P7-C eligible for over $100,000 in state and federal incentives • Deliveries have commenced to REE's Authorized Dealer Network and vehicle demonstrations will continue in the coming months TEL AVIV, Israel, March 25, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, which recently announced FMVSS (Federal Motor Vehicle Safety Standards) and EPA (Environmental Protection Agency) certification, today announced it has received two certifications from California Air Resources Board (“CARB”) on the Class 4 P7-C chassis cab.

22-Mar-2024 8:00 AM

REE Automotive Announces Date for Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

TEL AVIV, Isreal, March 22, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, will release its fourth quarter and fiscal year 2023 financial results before market open on Wednesday, March 27, 2024.

06-Mar-2024 8:00 AM

REE Announces Closing of Public Offering of Ordinary Shares

-   Raised $14.95 million in ordinary shares issued with minimal discount -   Overallotment fully exercised -   Multiple investors participated in the round, led by M&G, REE's largest investor TEL AVIV, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the closing of its previously announced underwritten public offering of 2,300,000 Class A ordinary shares (the “ordinary shares”), which includes the full exercise of the underwriter's overallotment option.

05-Mar-2024 8:30 AM

REE Automotive selected by Airbus UpNext

TEL AVIV, Israel, March 05, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”) has been selected by Airbus UpNext, wholly-owned innovation subsidiary of Airbus SE  (stock exchange symbol: EADSY), to provide technological know-how based upon its REEcorner® and full-by-wire control systems.