Aeva Technologies Inc. (NYSE: AEVA) is -17.61% lower on its value in year-to-date trading and has touched a low of $9.55 and a high of $21.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AEVA stock was last observed hovering at around $12.30 in the last trading session, with the day’s loss setting it -0.32% off its average median price target of $22.00 for the next 12 months. It is also 60.07% off the consensus price target high of $30.00 offered by 5 analysts, but current levels are 40.1% higher than the price target low of $20.00 for the same period.
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Currently trading at $11.98, the stock is -8.52% and -19.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -2.60% at the moment leaves the stock -1.76% off its SMA200. AEVA registered a gain of 19.56% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $14.10 and a 200-day simple moving average (SMA200) of $13.26.
The stock witnessed a 3.63% loss in the last 1 month and extending the period to 3 months gives it a -33.07%, and is 5.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.89% over the week and 10.97% over the month.
Distance from 52-week low is 25.45% and -45.13% from its 52-week high.
Aeva Technologies Inc. (AEVA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Aeva Technologies Inc. (AEVA) is a “Buy”. 5 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 1 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Aeva Technologies Inc. (AEVA) Top Institutional Holders
54 institutions hold shares in Aeva Technologies Inc. (AEVA), with 107.29M shares held by insiders accounting for 50.84% while institutional investors hold 35.14% of the company’s shares. The shares outstanding are 211.04M, and float is at 71.69M with Short Float at 0.98%. Institutions hold 17.28% of the Float.