Shares of Eve Holding, Inc. (NYSE:EVEX - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $7.70 and last traded at $7.40, with a volume of 377366 shares. The stock had previously closed at $7.51.
Analysts Set New Price Targets
A number of research firms have issued reports on EVEX. HC Wainwright increased their target price on shares of EVE from $6.00 to $8.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Cantor Fitzgerald restated an "overweight" rating and set a $5.00 price target on shares of EVE in a report on Monday, June 23rd.
Get Our Latest Research Report on EVE
EVE Stock Down 0.6%
The business's 50 day moving average is $5.38 and its 200-day moving average is $4.60. The company has a debt-to-equity ratio of 1.87, a quick ratio of 3.60 and a current ratio of 3.60. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of -12.80 and a beta of 0.85.
EVE (NYSE:EVEX - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.03). Equities analysts anticipate that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.
Institutional Trading of EVE
Institutional investors have recently made changes to their positions in the business. Northern Trust Corp boosted its position in EVE by 89.7% in the fourth quarter. Northern Trust Corp now owns 420,000 shares of the company's stock valued at $2,285,000 after buying an additional 198,627 shares in the last quarter. Nuveen Asset Management LLC boosted its position in EVE by 161.4% in the fourth quarter. Nuveen Asset Management LLC now owns 94,129 shares of the company's stock valued at $512,000 after buying an additional 58,119 shares in the last quarter. Geode Capital Management LLC boosted its position in EVE by 29.0% in the fourth quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company's stock valued at $5,969,000 after buying an additional 246,863 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in EVE by 22.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company's stock valued at $2,221,000 after buying an additional 75,542 shares in the last quarter. Finally, Voya Investment Management LLC acquired a new position in EVE in the fourth quarter valued at about $75,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.
EVE Company Profile
(
Get Free Report)
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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