At the time of writing, Eve Holding Inc [EVEX] stock is trading at $4.52, down -2.16%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EVEX shares have lost -24.67% over the last week, with a monthly amount drifted -34.49%, and not 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 a Neutral rating and provided a target price of $7 on this stock.
For the past year, the stock price of Eve Holding Inc fluctuated between $2.35 and $7.70. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Eve Holding Inc [NYSE: EVEX] shares were valued at $4.52 at the most recent close of the market. An investor can expect a potential return of 32.74% 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 -0.78. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
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 4.45 points at the first support level, and at 4.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.64, and for the 2nd resistance point, it is at 4.76.
Ratios To Look Out For
It is important to note that Eve Holding Inc [NYSE:EVEX] has a current ratio of 2.77. In addition, the Quick Ratio stands at 2.77 and the Cash Ratio stands at 0.46.
