Eve Holding, Inc. (NYSE:EVEX - Get Free Report)'s share price reached a new 52-week high during 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.
Wall Street Analysts Forecast Growth
EVEX has been the topic of several analyst reports. HC Wainwright raised their target price on EVE from $6.00 to $8.00 and gave the stock a "buy" rating in a report on Monday, June 9th. Cantor Fitzgerald reissued an "overweight" rating and issued a $5.00 price objective on shares of EVE in a report on Monday, June 23rd.
Get Our Latest Analysis on EVE
EVE Price Performance
The stock has a market cap of $2.20 billion, a PE ratio of -13.45 and a beta of 0.85. The company has a 50-day simple moving average of $5.18 and a 200-day simple moving average of $4.56. The company has a debt-to-equity ratio of 1.87, a current ratio of 3.60 and a quick ratio of 3.60.
EVE (NYSE:EVEX - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.03). Sell-side analysts anticipate that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.
Institutional Trading of EVE
Several large investors have recently bought and sold shares of EVEX. Summit Investment Advisors Inc. raised its position in shares of EVE by 257.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company's stock worth $29,000 after purchasing an additional 3,850 shares during the period. Legal & General Group Plc boosted its position in shares of EVE by 118.0% during the 4th quarter. Legal & General Group Plc now owns 5,545 shares of the company's stock valued at $30,000 after purchasing an additional 3,001 shares in the last quarter. BNP Paribas Financial Markets bought a new position in shares of EVE in the fourth quarter valued at $34,000. KLP Kapitalforvaltning AS acquired a new stake in shares of EVE during the first quarter worth $39,000. Finally, Arizona State Retirement System acquired a new stake in EVE during the 1st quarter worth about $57,000. Institutional investors and hedge funds own 1.27% of the company's stock.
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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