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Investment Q&A

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Electrovaya Inc. (ELVA $10.91)
- $10.91 P/E (TTM): 73.88X Cap: $459M
- View ELVA Profile
- View Questions on ELVA

Q: Any reason why its down 16% ?

Sheldon

Asked by Sheldon on February 04, 2026

5i Research Answer:

There is no company news or industry news we see that is negative. But it is a very rough day for growth stocks with embedded gains; ELVA is still up 258% in the past year.

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