Market Watch: EVgo Inc (EVGO)’s Noteworthy Drop, Closing at 3.65

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

As of close of business last night, EVgo Inc’s stock clocked out at $3.65, down -1.88% from its previous closing price of $3.72. In other words, the price has decreased by -$1.88 from its previous closing price. On the day, 3.55 million shares were traded. EVGO stock price reached its highest trading level at $3.8 during the session, while it also had its lowest trading level at $3.64.

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 2.06 and its Current Ratio is at 2.06.

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 May 20 ’25 when KISH DENNIS G sold 73,215 shares for $3.69 per share. The transaction valued at 270,039 led to the insider holds 72,269 shares of the business.

KISH DENNIS G sold 46,785 shares of EVGO for $175,612 on May 19 ’25. The President now owns 145,484 shares after completing the transaction at $3.75 per share. On May 19 ’25, another insider, Dennis Kish, who serves as the Officer of the company, bought 120,000 shares for $3.75 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 1152754048 and an Enterprise Value of 967906048. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.05. Its current Enterprise Value per Revenue stands at 3.495 whereas that against EBITDA is -15.058.

Stock Price History:

The Beta on a monthly basis for EVGO is 2.36, which has changed by 0.55319154 over the last 52 weeks, in comparison to a change of 0.12632763 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 $2.19. The 50-Day Moving Average of the stock is 0.69%, while the 200-Day Moving Average is calculated to be -15.60%.

Shares Statistics:

It appears that EVGO traded 4.64M shares on average per day over the past three months and 6058220 shares per day over the past ten days. A total of 133.31M shares are outstanding, with a floating share count of 126.69M. Insiders hold about 5.57% of the company’s shares, while institutions hold 68.41% stake in the company. Shares short for EVGO as of 1749772800 were 26049425 with a Short Ratio of 5.61, compared to 1747267200 on 35321466. Therefore, it implies a Short% of Shares Outstanding of 26049425 and a Short% of Float of 20.47.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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