EVgo Inc (EVGO) concluded trading on Wednesday at a closing price of $3.38, with 4.85 million shares of worth about $16.4 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.82% during that period and on January 29, 2025 the price saw a loss of about -2.31%. Currently the company’s common shares owned by public are about 130.69M shares, out of which, 122.23M shares are available for trading.
Stock saw a price change of 9.03% in past 5 days and over the past one month there was a price change of -22.12%. Year-to-date (YTD), EVGO shares are showing a performance of -16.54% which increased to 34.13% 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 7.07 million. The stock is currently trading -10.45% below its 20-day simple moving average (SMA20), while that difference is down -31.37% for SMA50 and it goes to -18.39% lower than SMA200.
EVgo Inc (NASDAQ: EVGO) currently have 130.69M outstanding shares and institutions hold larger chunk of about 43.50% of that.
The stock has a current market capitalization of $1.03B and its 3Y-monthly beta is at 2.32. 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 7.11% while standing at 6.52% over the month.
Analysts are in expectations that EVgo Inc (EVGO) stock would likely to be making an EPS of -0.09 in the current quarter, while forecast for next quarter EPS is -0.08 and it is -0.34 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.09 which is -0.09 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.02 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 11.37% while it is estimated to increase by 17.84% 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.
