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TSX Movers: Encana, FirstService, Electrovaya

TSX Movers: Encana, FirstService, Electrovaya

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses RBC Capital's outperform rating for a real estate services manager, highlighting a credible plan to double in size without issuing shares or increasing leverage. The 12-month price target is set at $56 per share. Additionally, Electrovaya has secured a contract to design and develop lithium-ion batteries for a Fortune 1000 company, with large-scale production expected to start in late 2017. Earlier, Electrovaya had a deal with a similar-sized company, later identified as Heister, Yale Group.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 12-month price target set by RBC Capital for the real estate services manager?

$56 US per share

$45 US per share

$60 US per share

$50 US per share

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of batteries is Electrovaya contracted to design and develop?

Nickel-cadmium batteries

Lead-acid batteries

Lithium-ion batteries

Alkaline batteries

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does Electrovaya expect to start large-scale commercial production?

Early 2017

Mid 2017

Late 2017

Early 2018

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Electrovaya's new contract?

It involves a partnership with a Fortune 1000 company.

It is their first contract in the automotive sector.

It marks their entry into the European market.

It is a government-funded project.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company was later revealed to be involved in a previous deal with Electrovaya?

Tesla

Heister, Yale Group

General Electric

Panasonic

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