Currently, Eve Holding Inc [EVEX] is trading at $4.37, down -4.17%. An important factor to consider is whether the stock is rising or falling in short-term value. The EVEX shares have gain 0.69% over the last week, with a monthly amount glided 12.63%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, H.C. Wainwright started tracking the stock with Buy rating on September 03, 2024, and set its price target to $6. On August 07, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $5 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $10 on June 09, 2023. TD Cowen initiated its recommendation with a Market Perform. JP Morgan started tracking with a Overweight rating for this stock on March 01, 2023, and assigned it a price target of $8. In a note dated February 16, 2023, Cantor Fitzgerald initiated an Neutral rating and provided a target price of $7 on this stock.
This stock has fluctuated between a low of $2.61 and a high of $7.70 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Eve Holding Inc [NYSE: EVEX] shares were valued at $4.37 at the most recent close of the market. An investor can expect a potential return of 71.62% based on the average EVEX price forecast.
Analyzing the EVEX fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.73, Equity is -2.01 and Total Capital is -1.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of11.5.
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 4.29 points at the first support level, and at 4.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.50, and for the 2nd resistance point, it is at 4.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Eve Holding Inc [NYSE:EVEX] is 2.77. On the other hand, the Quick Ratio is 2.77, and the Cash Ratio is 0.45.
