Eve Holding, Inc. (NYSE:EVEX - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $6.69, but opened at $7.03. EVE shares last traded at $7.37, with a volume of 57,280 shares traded.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. HC Wainwright lifted their target price on shares of EVE from $6.00 to $8.00 and gave the company a "buy" rating in a report on Monday, June 9th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $5.00 price objective on shares of EVE in a report on Monday, June 23rd.
Read Our Latest Stock Analysis on EVEX
EVE Price Performance
The firm has a market cap of $2.06 billion, a price-to-earnings ratio of -12.60 and a beta of 0.76. The company has a debt-to-equity ratio of 1.87, a current ratio of 3.60 and a quick ratio of 3.60. The business's 50-day moving average price is $4.68 and its two-hundred day moving average price is $4.44.
EVE (NYSE:EVEX - Get Free Report) last released its quarterly earnings data 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). On average, research analysts forecast that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Summit Investment Advisors Inc. boosted its stake 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 valued at $29,000 after buying an additional 3,850 shares during the period. Legal & General Group Plc boosted its position 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 worth $30,000 after purchasing an additional 3,001 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of EVE in the 4th quarter valued at about $34,000. Invesco Ltd. bought a new position in shares of EVE during the 4th quarter valued at about $62,000. Finally, KLP Kapitalforvaltning AS bought a new position in EVE during the 1st quarter worth about $39,000. Institutional investors and hedge funds own 1.27% of the company's stock.
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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