On Monday, EVgo Inc (NASDAQ: EVGO) opened lower -1.40% from the last session, before settling in for the closing price of $2.14. Price fluctuations for EVGO have ranged from $1.88 to $6.77 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 113.53% over the past five years. Company’s average yearly earnings per share was noted 30.74% at the time writing. With a float of $99.02 million, this company’s outstanding shares have now reached $102.94 million.
Let’s look at the performance matrix of the company that is accounted for 292 employees.
EVgo Inc (EVGO) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of EVgo Inc is 6.33%, while institutional ownership is 46.73%. The most recent insider transaction that took place on Mar 19 ’24, was worth 3,340. In this transaction Chief Legal Officer of this company sold 1,400 shares at a rate of $2.39, taking the stock ownership to the 88,897 shares. Before that another transaction happened on Mar 18 ’24, when Company’s Chief Financial Officer sold 750 for $2.43, making the entire transaction worth $1,824. This insider now owns 81,241 shares in total.
EVgo Inc (EVGO) Latest Financial update
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.18) by $0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.74% per share during the next fiscal year.
EVgo Inc (NASDAQ: EVGO) Trading Performance Indicators
Check out the current performance indicators for EVgo Inc (EVGO). In the past quarter, the stock posted a quick ratio of 2.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of EVgo Inc (EVGO)
EVgo Inc (NASDAQ: EVGO) saw its 5-day average volume 2.46 million, a negative change from its year-to-date volume of 2.84 million. As of the previous 9 days, the stock’s Stochastic %D was 5.39%. Additionally, its Average True Range was 0.17.
During the past 100 days, EVgo Inc’s (EVGO) raw stochastic average was set at 9.47%, which indicates a significant increase from 3.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.07% in the past 14 days, which was lower than the 84.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.46, while its 200-day Moving Average is $3.22. Nevertheless, the first resistance level for the watch stands at $2.17 in the near term. At $2.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.27. If the price goes on to break the first support level at $2.07, it is likely to go to the next support level at $2.03. The third support level lies at $1.97 if the price breaches the second support level.
EVgo Inc (NASDAQ: EVGO) Key Stats
There are currently 301,516K shares outstanding in the company with a market cap of 223.07 million. Presently, the company’s annual sales total 160,950 K according to its annual income of -42,430 K. Last quarter, the company’s sales amounted to 49,990 K and its income totaled -12,600 K.
