EVE (NYSE:EVEX - Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.03), Zacks reports.
EVE Price Performance
Shares of NYSE EVEX traded up $0.17 during trading on Friday, hitting $4.70. The company had a trading volume of 347,328 shares, compared to its average volume of 249,254. The stock has a fifty day simple moving average of $3.59 and a two-hundred day simple moving average of $4.08. EVE has a fifty-two week low of $2.33 and a fifty-two week high of $6.09. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -9.78 and a beta of 0.53. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42.
Hedge Funds Weigh In On EVE
An institutional investor recently raised its position in EVE stock. AQR Capital Management LLC lifted its holdings in Eve Holding, Inc. (NYSE:EVEX - Free Report) by 167.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,456 shares of the company's stock after buying an additional 32,868 shares during the period. AQR Capital Management LLC's holdings in EVE were worth $174,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 1.27% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the stock. HC Wainwright restated a "buy" rating and set a $6.00 price target on shares of EVE in a research report on Wednesday, March 12th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $5.00 target price on shares of EVE in a research report on Friday, March 14th.
Read Our Latest Stock Report on EVEX
EVE Company Profile
(
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Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.
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