Eve Holding, Inc. (NYSE:EVEX - Get Free Report) shares shot up 7.8% on Tuesday . The stock traded as high as $4.67 and last traded at $4.72. 12,912 shares changed hands during trading, a decline of 95% from the average session volume of 250,931 shares. The stock had previously closed at $4.38.
Analyst Ratings Changes
EVEX has been the subject of a number of analyst reports. Cantor Fitzgerald reissued an "overweight" rating and set a $5.00 target price on shares of EVE in a research note on Friday, March 14th. HC Wainwright reissued a "buy" rating and issued a $6.00 price objective on shares of EVE in a research note on Wednesday, March 12th.
Read Our Latest Analysis on EVEX
EVE Trading Down 2.0%
The firm's 50-day moving average price is $3.87 and its 200 day moving average price is $4.21. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -11.25 and a beta of 0.53. The company has a current ratio of 5.21, a quick ratio of 5.21 and a debt-to-equity ratio of 0.42.
EVE (NYSE:EVEX - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.03). As a group, equities analysts expect that Eve Holding, Inc. will post -0.5 EPS for the current year.
Institutional Trading of EVE
Several large investors have recently made changes to their positions in EVEX. JPMorgan Chase & Co. boosted its holdings in EVE by 296.2% in the third quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company's stock worth $126,000 after acquiring an additional 29,029 shares in the last quarter. SG Americas Securities LLC raised its position in shares of EVE by 112.6% during the fourth quarter. SG Americas Securities LLC now owns 22,651 shares of the company's stock worth $123,000 after purchasing an additional 11,996 shares during the period. Rhumbline Advisers lifted its holdings in shares of EVE by 80.7% in the 4th quarter. Rhumbline Advisers now owns 28,069 shares of the company's stock worth $153,000 after purchasing an additional 12,539 shares in the last quarter. Bank of New York Mellon Corp grew its position in EVE by 69.7% in the 4th quarter. Bank of New York Mellon Corp now owns 103,070 shares of the company's stock valued at $561,000 after purchasing an additional 42,344 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in EVE by 22.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 408,274 shares of the company's stock valued at $2,221,000 after purchasing an additional 75,542 shares during the period. 1.27% of the stock is currently owned by institutional investors and hedge funds.
About EVE
(
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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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