EVgo Inc (NASDAQ: EVGO) is -7.65% lower on its value in year-to-date trading and has touched a low of $1.65 and a high of $9.07 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 EVGO stock was last observed hovering at around $3.92 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $3.74, the stock is -15.54% and -32.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.55 million and changing -4.59% at the moment leaves the stock -8.36% off its SMA200. EVGO registered 30.31% gain for a year compared to 6-month gain of -6.73%. The firm has a 50-day simple moving average (SMA 50) of $5.6248 and a 200-day simple moving average (SMA200) of $4.07475.
The stock witnessed a -42.19% loss in the last 1 month and extending the period to 3 months gives it a -48.27%, and is -13.82% down 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 6.76% over the week and 7.06% over the month.
EVgo Inc (EVGO) has around 292 employees, a market worth around $1.14B and $239.31M in sales. Profit margin for the company is -18.51%. Distance from 52-week low is 126.67% and -58.77% from its 52-week high.
with sales reaching $69M over the same period.The EPS is expected to grow by 11.37% this year, but quarterly earnings will post 60.69% year-over-year. Quarterly sales are estimated to grow 38.02% in year-over-year returns.
EVgo Inc (EVGO) Top Institutional Holders
245.0 institutions hold shares in EVgo Inc (EVGO), with institutional investors hold 56.27% of the company’s shares. The shares outstanding are 106.28M, and float is at 100.70M with Short Float at 34.42%. Institutions hold 52.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.07 million shares valued at $24.67 million. The investor’s holdings represent 9.6191% of the EVGO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.9 million shares valued at $16.91 million to account for 6.595 of the shares outstanding. The other top investors are STATE STREET CORP which holds 3.35 million shares representing 3.1956% and valued at over $8.2 million, while INVESCO LTD. holds 2.9042 of the shares totaling 3.04 million with a market value of $7.45 million.
EVgo Inc (EVGO) Insider Activity
The most recent transaction is an insider sale by KISH DENNIS G, the company’s President. SEC filings show that KISH DENNIS G sold 17,379 shares of the company’s common stock on Jan 03 ’25 at a price of $4.32 per share for a total of $75015.0. Following the sale, the insider now owns 13655.0 shares.
Still, SEC filings show that on Dec 18 ’24, EVgo Holdings, LLC (10% Owner) disposed off 23,000,000 shares at an average price of $5.00 for $115.0 million. The insider now directly holds 0 shares of EVgo Inc (EVGO).
