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The price of Eve Holding Inc (NYSE: EVEX) closed at $4.35 in the last session, down -2.68% from day before closing price of $4.47. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 1.43 million shares were traded. EVEX stock price reached its highest trading level at $4.42 during the session, while it also had its lowest trading level at $4.135.
Ratios:
We take a closer look at EVEX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 11.50 whereas as Long-Term Debt/Eq ratio is at 11.46.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6.
Cantor Fitzgerald Upgraded its Neutral to Overweight on August 07, 2024, whereas the target price for the stock was revised from $7 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVEX now has a Market Capitalization of 1308836352 and an Enterprise Value of 1220507776.
Stock Price History:
The Beta on a monthly basis for EVEX is 0.78, which has changed by 0.27192986 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, EVEX has reached a high of $7.70, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is 0.97%, while the 200-Day Moving Average is calculated to be -7.59%.
Shares Statistics:
According to the various share statistics, EVEX traded on average about 1.25M shares per day over the past 3-months and 1619830 shares per day over the past 10 days. A total of 297.89M shares are outstanding, with a floating share count of 46.64M. Insiders hold about 84.50% of the company’s shares, while institutions hold 4.79% stake in the company. Shares short for EVEX as of 1759190400 were 3242621 with a Short Ratio of 2.60, compared to 1756425600 on 2899327. Therefore, it implies a Short% of Shares Outstanding of 3242621 and a Short% of Float of 5.9699997.
Earnings Estimates
The firm’s stock currently is rated by 1.0 analysts. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.18 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.63 and -$0.72 for the fiscal current year, implying an average EPS of -$0.67. EPS for the following year is -$0.64, with 4.0 analysts recommending between -$0.39 and -$0.82.
Revenue Estimates
Based on 5 analysts’ estimates, the company’s revenue will be $10.59M in the next fiscal year. The high estimate is $19.95M and the low estimate is $3M.
