Eve Holding, Inc. (NYSE:EVEX - Get Free Report) traded down 4.8% during mid-day trading on Friday . The stock traded as low as $3.36 and last traded at $3.34. 126,254 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 219,622 shares. The stock had previously closed at $3.51.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Canaccord Genuity Group upped their target price on EVE from $6.75 to $7.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. 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 reiterated an "overweight" rating and set a $5.00 target price on shares of EVE in a research report on Friday, March 14th. Finally, TD Cowen raised shares of EVE to a "hold" rating in a research note on Thursday, December 19th.
Read Our Latest Analysis on EVEX
EVE Stock Up 2.0 %
The stock has a market cap of $1.12 billion, a PE ratio of -7.80 and a beta of 0.45. The business has a fifty day moving average of $4.27 and a 200-day moving average of $3.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21.
EVE (NYSE:EVEX - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.01. Equities research analysts anticipate that Eve Holding, Inc. will post -0.5 earnings per share for the current year.
Institutional Investors Weigh In On EVE
Several large investors have recently modified their holdings of the business. Summit Investment Advisors Inc. lifted its holdings in EVE by 257.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company's stock worth $29,000 after buying an additional 3,850 shares during the period. Legal & General Group Plc raised its holdings in EVE by 118.0% in the fourth 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. BNP Paribas Financial Markets purchased a new stake in shares of EVE during the fourth quarter valued at about $34,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of EVE in the 3rd quarter valued at about $40,000. Finally, Franklin Resources Inc. purchased a new position in shares of EVE in the 3rd quarter worth approximately $53,000. Institutional investors own 1.27% of the company's stock.
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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