Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, EVgo Inc (NASDAQ: EVGO) closed at $4.18 up 0.36% from its previous closing price of $4.16. In other words, the price has increased by $0.36 from its previous closing price. On the day, 1.83 million shares were traded. EVGO stock price reached its highest trading level at $4.34 during the session, while it also had its lowest trading level at $4.01.
Ratios:
For a deeper understanding of EVgo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 5.86 whereas as Long-Term Debt/Eq ratio is at 5.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on July 22, 2024, initiated with a Neutral rating and assigned the stock a target price of $4.
On June 05, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $3.
Cantor Fitzgerald Upgraded its Neutral to Overweight on May 09, 2024, whereas the target price for the stock was revised from $5 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 12 ’24 when Sullivan Francine sold 12,584 shares for $3.60 per share. The transaction valued at 45,277 led to the insider holds 117,327 shares of the business.
KISH DENNIS G sold 16,414 shares of EVGO for $59,102 on Aug 12 ’24. The President now owns 47,614 shares after completing the transaction at $3.60 per share. On Aug 12 ’24, another insider, KISH DENNIS G, who serves as the Officer of the company, bought 16,414 shares for $3.66 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVGO now has a Market Capitalization of 1260437120 and an Enterprise Value of 842325184. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 32.51. Its current Enterprise Value per Revenue stands at 4.072 whereas that against EBITDA is -10.384.
Stock Price History:
Over the past 52 weeks, EVGO has reached a high of $4.70, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is 18.47%, while the 200-Day Moving Average is calculated to be 51.23%.
Shares Statistics:
For the past three months, EVGO has traded an average of 3.41M shares per day and 2863010 over the past ten days. A total of 102.94M shares are outstanding, with a floating share count of 99.94M. Insiders hold about 6.44% of the company’s shares, while institutions hold 45.29% stake in the company. Shares short for EVGO as of 1723680000 were 27525033 with a Short Ratio of 8.08, compared to 1721001600 on 29900406. Therefore, it implies a Short% of Shares Outstanding of 27525033 and a Short% of Float of 27.32.
