For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, EVgo Inc’s stock clocked out at $3.45, down -0.58% from its previous closing price of $3.47. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 4.66 million shares were traded. EVGO stock price reached its highest trading level at $3.49 during the session, while it also had its lowest trading level at $3.19.
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 Feb 03 ’25 when KISH DENNIS G bought 44,184 shares for $3.22 per share.
KISH DENNIS G sold 17,379 shares of EVGO for $75,015 on Jan 03 ’25. The President now owns 13,655 shares after completing the transaction at $4.32 per share. On Jan 03 ’25, another insider, KISH DENNIS G, who serves as the Officer of the company, bought 17,379 shares for $4.20 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 1035144832 and an Enterprise Value of 1124906112. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.38. Its current Enterprise Value per Revenue stands at 4.701 whereas that against EBITDA is -16.244.
Stock Price History:
The Beta on a monthly basis for EVGO is 2.33, which has changed by 0.60648143 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. 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 -28.47%, while the 200-Day Moving Average is calculated to be -17.16%.
Shares Statistics:
It appears that EVGO traded 7.09M shares on average per day over the past three months and 5609790 shares per day over the past ten days. A total of 130.69M shares are outstanding, with a floating share count of 122.23M. Insiders hold about 6.47% of the company’s shares, while institutions hold 43.29% stake in the company. Shares short for EVGO as of 1736899200 were 34926150 with a Short Ratio of 4.93, compared to 1734048000 on 36117499. Therefore, it implies a Short% of Shares Outstanding of 34926150 and a Short% of Float of 28.02.
