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The closing price of EVgo Inc (NASDAQ: EVGO) was $4.19 for the day, up 1.95% from the previous closing price of $4.11. In other words, the price has increased by $1.95 from its previous closing price. On the day, 3.82 million shares were traded. EVGO stock price reached its highest trading level at $4.39 during the session, while it also had its lowest trading level at $4.13.
Ratios:
Our analysis of EVGO’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1268002944 and an Enterprise Value of 844995776. 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 32.59. Its current Enterprise Value per Revenue stands at 4.085 whereas that against EBITDA is -10.417.
Stock Price History:
Over the past 52 weeks, EVGO has reached a high of $4.80, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is 5.74%, while the 200-Day Moving Average is calculated to be 46.49%.
Shares Statistics:
EVGO traded an average of 3.41M shares per day over the past three months and 3217870 shares per day over the past ten days. A total of 102.94M shares are outstanding, with a floating share count of 99.98M. Insiders hold about 6.41% of the company’s shares, while institutions hold 45.01% stake in the company. Shares short for EVGO as of 1726185600 were 25935306 with a Short Ratio of 7.59, compared to 1723680000 on 27525033. Therefore, it implies a Short% of Shares Outstanding of 25935306 and a Short% of Float of 25.740000000000002.
