Currently, there are 130.69M common shares owned by the public and among those 122.23M shares have been available to trade.
The company’s stock has a 5-day price change of -15.56% and -60.31% over the past three months. EVGO shares are trading -18.27% year to date (YTD), with the 12-month market performance up to 25.38% higher. It has a 12-month low price of $1.65 and touched a high of $9.07 over the same period. EVGO has an average intraday trading volume of 6.90 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -18.48%, -36.37%, and -19.37% respectively.
Institutional ownership of EVgo Inc (NASDAQ: EVGO) shares accounts for 43.60% of the company’s 130.69M shares outstanding.
It has a market capitalization of $1.00B and a beta (3y monthly) value of 2.35. The earnings-per-share (ttm) stands at -$0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.12% over the week and 6.21% over the month.
Earnings per share for the fiscal year are expected to increase by 11.37%, and 17.84% over the next financial year.
Looking at the support for the EVGO, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on October 10, 2024, with the firm’s price target at $4-$8.50. TD Cowen coverage for the EVgo Inc (EVGO) stock in a research note released on October 03, 2024 offered a Buy rating with a price target of $7. JP Morgan was of a view on October 03, 2024 that the stock is Overweight, while UBS gave the stock Neutral rating on July 22, 2024, issuing a price target of $4. The Benchmark Company on their part issued Buy rating on June 05, 2024.
