EVgo Inc (NASDAQ: EVGO) is -37.04% 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 $2.71 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $2.55, the stock is -4.80% and -6.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing -5.90% at the moment leaves the stock -41.26% off its SMA200. EVGO registered 30.77% gain for a year compared to 6-month loss of -64.73%. The firm has a 50-day simple moving average (SMA 50) of $2.733 and a 200-day simple moving average (SMA200) of $4.341375.
The stock witnessed a -1.16% gain in the last 1 month and extending the period to 3 months gives it a -31.82%, and is 5.81% 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 9.24% over the week and 8.57% over the month.
EVgo Inc (EVGO) has around 331 employees, a market worth around $781.13M and $256.82M in sales. Profit margin for the company is -17.15%. Distance from 52-week low is 54.55% and -71.89% from its 52-week high.
with sales reaching $71.23M over the same period.The EPS is expected to grow by 20.56% this year, but quarterly earnings will post 37.07% year-over-year. Quarterly sales are estimated to grow 29.15% in year-over-year returns.
EVgo Inc (EVGO) Top Institutional Holders
294.0 institutions hold shares in EVgo Inc (EVGO), with institutional investors hold 78.09% of the company’s shares. The shares outstanding are 129.97M, and float is at 125.92M with Short Float at 27.82%. Institutions hold 73.95% 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 6.5383 of the shares outstanding. The other top investors are STATE STREET CORP which holds 3.35 million shares representing 3.1681% 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 44,184 shares of the company’s common stock on Feb 03 ’25 at a price of $3.41 per share for a total of $0.15 million. Following the sale, the insider now owns 95986.0 shares.
Still, SEC filings show that on Jan 03 ’25, KISH DENNIS G (President) disposed off 17,379 shares at an average price of $4.32 for $75015.0. The insider now directly holds 13,655 shares of EVgo Inc (EVGO).
