EVgo Inc (EVGO) concluded trading on Wednesday at a closing price of $6.14, with 4.7 million shares of worth about $28.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 185.58% during that period and on December 04, 2024 the price saw a loss of about -3.91%. Currently the company’s common shares owned by public are about 106.28M shares, out of which, 100.24M shares are available for trading.
Stock saw a price change of -5.39% in past 5 days and over the past one month there was a price change of -17.91%. Year-to-date (YTD), EVGO shares are showing a performance of 71.51% which increased to 83.83% 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 $9.07 during that period. The average intraday trading volume for EVgo Inc shares is 8.52 million. The stock is currently trading 3.35% above its 20-day simple moving average (SMA20), while that difference is down -6.81% for SMA50 and it goes to 62.34% higher than SMA200.
EVgo Inc (NASDAQ: EVGO) currently have 106.28M outstanding shares and institutions hold larger chunk of about 52.93% of that.
The stock has a current market capitalization of $1.86B and its 3Y-monthly beta is at 2.25. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 2.19. 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 6.64% while standing at 10.39% over the month.
Stock’s fiscal year EPS is expected to rise by 11.13% while it is estimated to increase by 21.73% 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 October 10, 2024 offering a Buy rating for the stock and assigned a target price range of between $4 and $8.50 to it. Coverage by TD Cowen stated EVgo Inc (EVGO) stock as a Buy in their note to investors on October 03, 2024, suggesting a price target of $7 for the stock. On October 03, 2024, JP Morgan Upgrade their recommendations, while on July 22, 2024, UBS Initiated their ratings for the stock with a price target of $4. Stock get a Buy rating from The Benchmark Company on June 05, 2024.
