Eve Holding, Inc. (NYSE:EVEX - Get Free Report) fell 7.1% during mid-day trading on Monday . The company traded as low as $3.58 and last traded at $3.55. 49,897 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 243,138 shares. The stock had previously closed at $3.82.
Analysts Set New Price Targets
Several brokerages recently commented on EVEX. HC Wainwright reaffirmed a "buy" rating and issued a $6.00 price objective on shares of EVE in a research report on Wednesday, March 12th. Cantor Fitzgerald restated an "overweight" rating and set a $5.00 price objective on shares of EVE in a research report on Friday, March 14th.
Get Our Latest Report on EVEX
EVE Stock Performance
The company has a current ratio of 5.21, a quick ratio of 5.21 and a debt-to-equity ratio of 0.42. The company has a market cap of $1.12 billion, a price-to-earnings ratio of -7.85 and a beta of 0.53. The stock's 50 day moving average price is $3.55 and its 200 day moving average price is $4.04.
EVE (NYSE:EVEX - Get Free Report) last posted its earnings results on Friday, March 14th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.01. On average, analysts expect that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.
Institutional Trading of EVE
Several institutional investors and hedge funds have recently added to or reduced their stakes in EVEX. Summit Investment Advisors Inc. grew its position in EVE by 257.5% during 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 in the last quarter. Legal & General Group Plc raised its stake in shares of 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 buying an additional 3,001 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of EVE during the 4th quarter valued at about $34,000. Invesco Ltd. bought a new stake in shares of EVE in the 4th quarter valued at approximately $62,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of EVE during the 1st quarter worth approximately $39,000. 1.27% of the stock is owned by institutional investors and hedge funds.
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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