FRZA Shariah Compliance
Screening Methodology: AAOIFI
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Forza X1 Inc. Stock Analysis FRZA
Forza X1, Inc. engages in the manufacture and development of fully electric boats. The company is headquartered in Fort Pierce, Florida and currently employs 11 full-time employees. The company went IPO on 2022-08-12. The firm is focused on creating, implementing, and selling electric boats utilizing its electric vehicle (EV) technology to control and power its boats and proprietary outboard electric motor. Its electric boats are designed as fully integrated electric boats including the hull, outboard motor, and control system. The three main components of its electric boats are the fiberglass part of the boat, the motor that propels the boat, and the control system. The firm offers its EV products, services, and support through a Web-based and mobile phone application, which is a vertically integrated and a direct-to-consumer platform. The company utilizes a Web-based and application platform to connect with customers for an end-to-end experience. The Company’s two models, the FX1 Dual Console and FX1 Center Console, are designed to be 25-foot in length, and utilize a catamaran hull surface to reduce drag and increase run times.
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Forza X1 Inc vs S&P 500 Comparative Returns
Analysis of FRZA stock performance compared to the broader market (S&P 500) across multiple timeframes.
YTD Performance
- Forza X1 Inc (FRZA) 0%
- S&P 500 -4.27%
Forza X1 Inc Outperformed S&P 500 by 4.27%
1Y Performance
- Forza X1 Inc (FRZA) -60%
- S&P 500 8.86%
Forza X1 Inc Underperformed S&P 500 by 68.86%
3Y Performance
- Forza X1 Inc (FRZA) %
- S&P 500 37.21%
Forza X1 Inc Underperformed S&P 500 by N/A%
5Y Performance
- Forza X1 Inc (FRZA) %
- S&P 500 92.3%
Forza X1 Inc Underperformed S&P 500 by N/A%
Key Statistics
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.20Volume
-P/E Ratio (TTM)
-52 Week Range
Market Cap
3.15MAvg. Volume
6089.92Dividend Yield
-FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.
Alternate Halal Stocks
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.