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After finishing at $3.59 in the prior trading day, EVgo Inc (NASDAQ: EVGO) closed at $3.41, down -5.01%. In other words, the price has decreased by -$5.01 from its previous closing price. On the day, 6.01 million shares were traded. EVGO stock price reached its highest trading level at $3.65 during the session, while it also had its lowest trading level at $3.38.
Ratios:
Our goal is to gain a better understanding of EVGO by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 03 ’25 when KISH DENNIS G sold 17,379 shares for $4.32 per share. The transaction valued at 75,015 led to the insider holds 13,655 shares of the business.
KISH DENNIS G bought 17,379 shares of EVGO for $72,992 on Jan 03 ’25. On Dec 18 ’24, another insider, EVgo Holdings, LLC, who serves as the 10% Owner of the company, sold 23,000,000 shares for $5.00 each. As a result, the insider received 115,000,000 and left with 0 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 1023143168 and an Enterprise Value of 1120611968. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.32. Its current Enterprise Value per Revenue stands at 4.683 whereas that against EBITDA is -16.182.
Stock Price History:
The Beta on a monthly basis for EVGO is 2.36, which has changed by 0.2536764 over the last 52 weeks, in comparison to a change of 0.23631513 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 -35.49%, while the 200-Day Moving Average is calculated to be -16.83%.
Shares Statistics:
The stock has traded on average 6.91M shares per day over the past 3-months and 5532850 shares per day over the last 10 days, according to various share statistics. A total of 106.28M shares are outstanding, with a floating share count of 100.72M. Insiders hold about 6.47% of the company’s shares, while institutions hold 52.92% stake in the company. Shares short for EVGO as of 1735603200 were 34665355 with a Short Ratio of 5.02, compared to 1732838400 on 35866943. Therefore, it implies a Short% of Shares Outstanding of 34665355 and a Short% of Float of 27.82.
