Eve Holding, Inc. (NYSE:EVEX - Get Free Report)'s stock price hit a new 52-week high on Friday . The company traded as high as $6.59 and last traded at $6.50, with a volume of 120409 shares. The stock had previously closed at $5.93.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Cantor Fitzgerald restated an "overweight" rating and set a $5.00 price target on shares of EVE in a research report on Monday, June 23rd. HC Wainwright boosted their target price on EVE from $6.00 to $8.00 and gave the company a "buy" rating in a research note on Monday, June 9th.
Read Our Latest Research Report on EVE
EVE Price Performance
The stock has a market cap of $2.06 billion, a price-to-earnings ratio of -12.60 and a beta of 0.76. The stock has a fifty day simple moving average of $4.68 and a 200-day simple moving average of $4.44. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 1.87.
EVE (NYSE:EVEX - Get Free Report) last released its earnings results on Monday, May 12th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.03). As a group, equities research analysts expect that Eve Holding, Inc. will post -0.5 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc raised its position in EVE by 118.0% in 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 during the last quarter. Summit Investment Advisors Inc. raised its holdings in 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 last quarter. BNP Paribas Financial Markets acquired a new position in EVE during the 4th quarter valued at about $34,000. Jane Street Group LLC grew its position in shares of EVE by 64.8% during the 4th quarter. Jane Street Group LLC now owns 17,322 shares of the company's stock worth $94,000 after buying an additional 6,810 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of EVE by 25.5% during the first quarter. Rhumbline Advisers now owns 35,223 shares of the company's stock worth $117,000 after buying an additional 7,154 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company's stock.
About EVE
(
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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