Ready to Jump After Recent Trade: EVgo Inc (EVGO)

With 3.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.87 million shares. The 52-week range on EVGO shows that it touched its highest point at $7.90 and its lowest point at $1.88 during that stretch. It currently has a 1-year price target of $4.99. Beta for the stock currently stands at 2.45.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVGO was down-trending over the past week, with a drop of -4.33%, but this was down by -22.73% over a month. Three-month performance dropped to -38.27% while six-month performance fell -34.62%. The stock lost -68.52% in the past year, while it has lost -38.27% so far this year. A look at the trailing 12-month EPS for EVGO yields -0.48 with Next year EPS estimates of -0.20. For the next quarter, that number is -0.10. This implies an EPS growth rate of 30.74% for this year and 35.73% for next year.

Float and Shares Shorts:

At present, 102.94 million EVGO shares are outstanding with a float of 99.05 million shares on hand for trading. On Mar 15, 2024, short shares totaled 25.18 million, which was 23.82% higher than short shares on Feb 15, 2024. In addition to AVGO as the firm’s Broadcom Inc., EGO serves as its Eldorado Gold Corporation.

Institutional Ownership:

Through their ownership of 47.97% of EVGO’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVGO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, EVGO has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and EVGO currently yields $0.00. In the past year, EVGO’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, EVGO has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.