On Monday, EVgo Inc (NASDAQ: EVGO) opened lower -3.29% from the last session, before settling in for the closing price of $8.81. Price fluctuations for EVGO have ranged from $1.65 to $9.07 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 6.41% at the time writing. With a float of $99.92 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. In terms of profitability, gross margin is 0.91%, operating margin of -66.06%, and the pretax margin is -59.25%.
EVgo Inc (EVGO) Insider Updates
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 6.46%, while institutional ownership is 44.88%. The most recent insider transaction that took place on Aug 12 ’24, was worth 45,277. In this transaction Chief Legal Officer of this company sold 12,584 shares at a rate of $3.60, taking the stock ownership to the 117,327 shares. Before that another transaction happened on Aug 12 ’24, when Company’s President sold 16,414 for $3.60, making the entire transaction worth $59,102. This insider now owns 47,614 shares in total.
EVgo Inc (EVGO) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.21) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.41% 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 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.41, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.32 in one year’s time.
Technical Analysis of EVgo Inc (EVGO)
EVgo Inc (NASDAQ: EVGO) saw its 5-day average volume 4.6 million, a positive change from its year-to-date volume of 4.32 million. As of the previous 9 days, the stock’s Stochastic %D was 81.96%. Additionally, its Average True Range was 0.61.
During the past 100 days, EVgo Inc’s (EVGO) raw stochastic average was set at 92.28%, which indicates a significant increase from 79.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.96% in the past 14 days, which was lower than the 108.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.44, while its 200-day Moving Average is $3.27. Nevertheless, the first resistance level for the watch stands at $8.81 in the near term. At $9.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.29. If the price goes on to break the first support level at $8.33, it is likely to go to the next support level at $8.13. Assuming the price breaks the second support level, the third support level stands at $7.85.
EVgo Inc (NASDAQ: EVGO) Key Stats
There are currently 302,033K shares outstanding in the company with a market cap of 910.19 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 66,620 K and its income totaled -10,380 K.
