In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In other words, the price has increased by $0.00 from its previous closing price. On the day, 4.52 million shares were traded. EVGO stock price reached its highest trading level at $6.72 during the session, while it also had its lowest trading level at $6.28.
Ratios:
To gain a deeper understanding of EVGO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.19.
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 the company, UBS on October 10, 2024, Upgraded its rating to Buy and sets its target price to $8.50 from $4 previously.
On October 03, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $5 to $7.
JP Morgan Upgraded its Neutral to Overweight on October 03, 2024, while the target price for the stock was maintained at $7.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Khan Badar sold 166,725 shares for $5.14 per share. The transaction valued at 856,233 led to the insider holds 348,761 shares of the business.
Khan Badar bought 166,725 shares of EVGO for $878,640 on Nov 14 ’24. On Aug 12 ’24, another insider, Sullivan Francine, who serves as the Chief Legal Officer of the company, sold 12,584 shares for $3.60 each. As a result, the insider received 45,277 and left with 117,327 shares of the company.
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 1973519616 and an Enterprise Value of 1453403776. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.30. Its current Enterprise Value per Revenue stands at 6.073 whereas that against EBITDA is -20.988.
Stock Price History:
Over the past 52 weeks, EVGO has reached a high of $9.07, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is 0.12%, while the 200-Day Moving Average is calculated to be 73.83%.
Shares Statistics:
It appears that EVGO traded 8.48M shares on average per day over the past three months and 6279660 shares per day over the past ten days. A total of 106.28M shares are outstanding, with a floating share count of 100.24M. Insiders hold about 6.62% of the company’s shares, while institutions hold 52.87% stake in the company. Shares short for EVGO as of 1731628800 were 36069121 with a Short Ratio of 4.25, compared to 1728950400 on 28585972. Therefore, it implies a Short% of Shares Outstanding of 36069121 and a Short% of Float of 35.61.
