Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, EVgo Inc’s stock clocked out at $2.47, down -2.37% from its previous closing price of $2.53. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 1.96 million shares were traded. EVGO stock price reached its highest trading level at $2.57 during the session, while it also had its lowest trading level at $2.39.
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 1.84 and its Current Ratio is at 1.84.
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 sold 44,184 shares for $3.41 per share. The transaction valued at 150,557 led to the insider holds 95,986 shares of the business.
KISH DENNIS G bought 44,184 shares of EVGO for $142,272 on Feb 03 ’25. On Jan 03 ’25, another insider, KISH DENNIS G, who serves as the President of the company, sold 17,379 shares for $4.32 each. As a result, the insider received 75,015 and left with 13,655 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 774997120 and an Enterprise Value of 1002737984. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95. Its current Enterprise Value per Revenue stands at 3.904 whereas that against EBITDA is -14.971.
Stock Price History:
The Beta on a monthly basis for EVGO is 2.19, which has changed by 0.41142857 over the last 52 weeks, in comparison to a change of 0.017286062 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 -7.85%, while the 200-Day Moving Average is calculated to be -43.13%.
Shares Statistics:
It appears that EVGO traded 4.02M shares on average per day over the past three months and 3520430 shares per day over the past ten days. A total of 129.97M shares are outstanding, with a floating share count of 125.92M. Insiders hold about 5.70% of the company’s shares, while institutions hold 74.90% stake in the company. Shares short for EVGO as of 1743379200 were 35036781 with a Short Ratio of 8.71, compared to 1740700800 on 34643769. Therefore, it implies a Short% of Shares Outstanding of 35036781 and a Short% of Float of 27.67.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0