EVgo Inc (EVGO) concluded trading on Thursday at a closing price of $4.49, with 3.25 million shares of worth about $14.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 51.69% during that period and on August 29, 2024 the price saw a gain of about 8.45%. Currently the company’s common shares owned by public are about 102.94M shares, out of which, 99.94M shares are available for trading.
Stock saw a price change of 20.05% in past 5 days and over the past one month there was a price change of 16.93%. Year-to-date (YTD), EVGO shares are showing a performance of 25.42% which increased to 8.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.65 but also hit the highest price of $4.70 during that period. The average intraday trading volume for EVgo Inc shares is 3.37 million. The stock is currently trading 17.93% above its 20-day simple moving average (SMA20), while that difference is up 32.64% for SMA50 and it goes to 63.86% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
EVgo Inc (NASDAQ: EVGO) currently have 102.94M outstanding shares and institutions hold larger chunk of about 45.28% of that.
The stock has a current market capitalization of $479.67M and its 3Y-monthly beta is at 2.58. It has posted earnings per share of -$0.41 in the same period. It has Quick Ratio of 2.50 while making debt-to-equity ratio of 5.86. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EVGO, volatility over the week remained 9.49% while standing at 10.03% over the month.
Stock’s fiscal year EPS is expected to rise by 5.85% while it is estimated to increase by 29.04% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on July 22, 2024 offering a Neutral rating for the stock and assigned a target price of $4 to it. Coverage by The Benchmark Company stated EVgo Inc (EVGO) stock as a Buy in their note to investors on June 05, 2024, suggesting a price target of $3 for the stock. On May 09, 2024, Cantor Fitzgerald Upgrade their recommendations, while on March 07, 2024, RBC Capital Mkts Upgrade their ratings for the stock with a price target of $4. Stock get a Neutral rating from Cantor Fitzgerald on March 07, 2024.
