Currently, EVgo Inc [EVGO] is trading at $7.48, up 3.46%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EVGO shares have gain 7.94% over the last week, with a monthly amount glided 66.96%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
EVgo Inc [NASDAQ: EVGO] stock has seen the most recent analyst activity on October 10, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $8.50 from $4. Previously, TD Cowen upgraded its rating to Buy on October 03, 2024, and elevated its price target to $7. On October 03, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $7 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $4 on July 22, 2024. The Benchmark Company initiated its recommendation with a Buy and recommended $3 as its price target on June 05, 2024. Cantor Fitzgerald upgraded its rating to Overweight for this stock on May 09, 2024, and downed its price target to $4. In a note dated March 07, 2024, RBC Capital Mkts upgraded an Outperform rating on this stock and revised its target price from $5 to $4.
This stock has fluctuated between a low of $1.65 and a high of $7.94 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $9.58 within the next 12 months. EVgo Inc [NASDAQ: EVGO] shares were valued at $7.48 at the most recent close of the market. An investor can expect a potential return of 28.07% based on the average EVGO price forecast.
Analyzing the EVGO fundamentals
Trailing Twelve Months sales for EVgo Inc [NASDAQ:EVGO] were 206.88M which represents 31.78% growth. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.66%, Pretax Profit Margin comes in at -0.59%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is 0.79 and Total Capital is -0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.86.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.18 points at the first support level, and at 6.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.68, and for the 2nd resistance point, it is at 7.87.
Ratios To Look Out For
To put it in perspective, the Current Ratio for EVgo Inc [NASDAQ:EVGO] is 2.50. Also, the Quick Ratio is 2.50, while the Cash Ratio stands at 1.81. Considering the valuation of this stock, the price to sales ratio is 3.86, the price to book ratio is 58.18.
Transactions by insiders
Recent insider trading involved Sullivan Francine, Chief Legal Officer, that happened on Aug 12 ’24 when 12584.0 shares were sold. President, KISH DENNIS G completed a deal on Aug 12 ’24 to sell 16414.0 shares. Meanwhile, Officer KISH DENNIS G bought 16414.0 shares on Aug 12 ’24.
