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The price of EVgo Inc (NASDAQ: EVGO) closed at $4.20 in the last session, down -3.23% from day before closing price of $4.34. In other words, the price has decreased by -$3.23 from its previous closing price. On the day, 5.6 million shares were traded. EVGO stock price reached its highest trading level at $4.3318 during the session, while it also had its lowest trading level at $4.11.
Ratios:
We take a closer look at EVGO’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 18 ’24 when Nanus David sold 23,000,000 shares for $5.00 per share. The transaction valued at 115,000,000 led to the insider holds 5,882,352 shares of the business.
Khan Badar sold 166,725 shares of EVGO for $856,233 on Nov 14 ’24. The Chief Executive Officer now owns 348,761 shares after completing the transaction at $5.14 per share. On Nov 14 ’24, another insider, Khan Badar, who serves as the Officer of the company, bought 166,725 shares for $5.27 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 1371266304 and an Enterprise Value of 1205420160. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15. Its current Enterprise Value per Revenue stands at 5.037 whereas that against EBITDA is -17.407.
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 -34.22%, while the 200-Day Moving Average is calculated to be 5.15%.
Shares Statistics:
According to the various share statistics, EVGO traded on average about 10.09M shares per day over the past 3-months and 11038050 shares per day over the past 10 days. A total of 106.28M shares are outstanding, with a floating share count of 100.66M. Insiders hold about 6.53% of the company’s shares, while institutions hold 52.82% stake in the company. Shares short for EVGO as of 1734048000 were 36117499 with a Short Ratio of 3.58, compared to 1731628800 on 36069121. Therefore, it implies a Short% of Shares Outstanding of 36117499 and a Short% of Float of 35.54.
