In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
EVgo Inc (NASDAQ: EVGO) closed the day trading at $3.09 down -7.49% from the previous closing price of $3.34. In other words, the price has decreased by -$7.49 from its previous closing price. On the day, 5.73 million shares were traded. EVGO stock price reached its highest trading level at $3.345 during the session, while it also had its lowest trading level at $3.01.
Ratios:
For a better understanding of EVGO, let’s 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 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 927129728 and an Enterprise Value of 1086259328. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.92. Its current Enterprise Value per Revenue stands at 4.539 whereas that against EBITDA is -15.686.
Stock Price History:
The Beta on a monthly basis for EVGO is 2.33, which has changed by 0.22134387 over the last 52 weeks, in comparison to a change of 0.19995654 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 -32.82%, while the 200-Day Moving Average is calculated to be -26.36%.
Shares Statistics:
Over the past 3-months, EVGO traded about 6.89M shares per day on average, while over the past 10 days, EVGO traded about 3983240 shares per day. A total of 130.69M shares are outstanding, with a floating share count of 123.67M. Insiders hold about 6.47% of the company’s shares, while institutions hold 44.69% stake in the company. Shares short for EVGO as of 1736899200 were 34926150 with a Short Ratio of 5.07, compared to 1734048000 on 36117499. Therefore, it implies a Short% of Shares Outstanding of 34926150 and a Short% of Float of 28.02.
