EVgo Inc (NASDAQ: EVGO) is -7.65% lower on its value in year-to-date trading and has touched a low of $1.80 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 $3.66 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $3.74, the stock is 27.58% and 36.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.7 million and changing 2.19% at the moment leaves the stock -13.32% off its SMA200. EVGO registered 113.71% gain for a year compared to 6-month loss of -43.93%.
The stock witnessed a 47.83% gain in the last 1 month and extending the period to 3 months gives it a 28.08%, and is 35.02% 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 12.72% over the week and 7.37% over the month.
EVgo Inc (EVGO) has around 331 employees, a market worth around $501.80M and $276.95M in sales. Profit margin for the company is -16.45%. Distance from 52-week low is 107.78% and -58.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.51%).
The EPS is expected to grow by 21.64% this year.
EVgo Inc (EVGO) Top Institutional Holders
The shares outstanding are 133.31M, and float is at 126.53M with Short Float at 27.40%.
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 2.8792 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).
