Shares of Eve Holding, Inc. (NYSE:EVEX - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $7.56 and last traded at $7.47, with a volume of 47643 shares. The stock had previously closed at $7.43.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald reiterated an "overweight" rating and set a $5.00 price target on shares of EVE in a research report on Monday, June 23rd. HC Wainwright lifted their price objective on EVE from $6.00 to $8.00 and gave the stock a "buy" rating in a report on Monday, June 9th.
Check Out Our Latest Stock Analysis on EVE
EVE Price Performance
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 stock has a market capitalization of $2.17 billion, a PE ratio of -13.22 and a beta of 0.85. The company's fifty day simple moving average is $4.95 and its two-hundred day simple moving average is $4.51.
EVE (NYSE:EVEX - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.03). As a group, sell-side analysts predict that Eve Holding, Inc. will post -0.5 EPS for the current year.
Hedge Funds Weigh In On EVE
Institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc increased its position in EVE by 118.0% during the 4th quarter. Legal & General Group Plc now owns 5,545 shares of the company's stock worth $30,000 after purchasing an additional 3,001 shares in the last quarter. Summit Investment Advisors Inc. increased its stake in EVE by 257.5% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company's stock valued at $29,000 after purchasing an additional 3,850 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in EVE in the 4th quarter worth about $34,000. Jane Street Group LLC grew its holdings in EVE by 64.8% in the 4th quarter. Jane Street Group LLC now owns 17,322 shares of the company's stock valued at $94,000 after buying an additional 6,810 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of EVE by 25.5% during the 1st quarter. Rhumbline Advisers now owns 35,223 shares of the company's stock valued at $117,000 after acquiring an additional 7,154 shares during the last quarter. 1.27% of the stock is 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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