Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Eve Holding Inc (NYSE: EVEX) closed at $6.63 in the last session, up 4.91% from day before closing price of $6.32. In other words, the price has increased by $4.91 from its previous closing price. On the day, 0.57 million shares were traded. EVEX stock price reached its highest trading level at $6.89 during the session, while it also had its lowest trading level at $6.3338.
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 3.60 and its Current Ratio is at 3.60. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.87.
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, H.C. Wainwright on September 03, 2024, initiated with a Buy rating and assigned the stock a target price of $6.
On August 07, 2024, Cantor Fitzgerald Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $7 to $5.
On June 09, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $10.Canaccord Genuity initiated its Buy rating on June 09, 2023, with a $10 target price.
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 1974990848 and an Enterprise Value of 1828074752.
Stock Price History:
The Beta on a monthly basis for EVEX is 0.86, which has changed by 1.4285715 over the last 52 weeks, in comparison to a change of 0.20799685 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 $2.33. The 50-Day Moving Average of the stock is 7.78%, while the 200-Day Moving Average is calculated to be 45.69%.
Shares Statistics:
According to the various share statistics, EVEX traded on average about 367.51K shares per day over the past 3-months and 480440 shares per day over the past 10 days. A total of 297.64M shares are outstanding, with a floating share count of 49.98M. Insiders hold about 83.22% of the company’s shares, while institutions hold 4.85% stake in the company. Shares short for EVEX as of 1752537600 were 4231484 with a Short Ratio of 11.51, compared to 1749772800 on 6100632. Therefore, it implies a Short% of Shares Outstanding of 4231484 and a Short% of Float of 8.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
