EVgo Inc (NASDAQ: EVGO) is -9.38% lower on its value in year-to-date trading and has touched a low of $1.73 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 $2.77 in the last trading session, with the day’s gains setting it 0.9%.
Currently trading at $3.67, the stock is 36.00% and 38.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.42 million and changing 32.49% at the moment leaves the stock -14.90% off its SMA200. EVGO registered 93.16% gain for a year compared to 6-month loss of -53.19%.
The stock witnessed a 42.80% gain in the last 1 month and extending the period to 3 months gives it a 6.07%, and is 29.68% 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 9.22% over the week and 8.27% over the month.
EVgo Inc (EVGO) has around 331 employees, a market worth around $1.12B and $256.82M in sales. Profit margin for the company is -17.15%. Distance from 52-week low is 112.14% and -59.54% from its 52-week high.
The EPS is expected to grow by 19.92% this year.
EVgo Inc (EVGO) Top Institutional Holders
The shares outstanding are 129.97M, and float is at 125.92M with Short Float at 27.65%.
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 9.5364% 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).
