When a company such as ZEV conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the ZEV stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ZEV shares, starting with a $10,000 purchase of ZEV, presented on a split-history-adjusted basis factoring in the complete ZEV stock split history.

About ZEV

Lightning Emotors is a designer and manufacturer of zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, enterprises, original equipment manufacturers, and governments. Co.'s product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances and electric powertrains for school buses, transit buses and motorcoaches. Co. is a full-range manufacturer of Class three to seven zero-emission vehicles, or ZEVs in the U.S. providing end-to-end electrification solutions including analytics software and mobile charging solutions to its customers. According to our ZEV stock split history records, ZEV has had 1 split.

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