Evergreen Co. (NASDAQ:EVGR - Get Free Report)'s share price rose 0.1% during trading on Monday . The company traded as high as $11.90 and last traded at $11.90. Approximately 422 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 38,114 shares. The stock had previously closed at $11.89.
Evergreen Price Performance
The firm has a market capitalization of $95.88 million and a P/E ratio of 42.43. The company has a fifty day moving average of $11.80 and a 200 day moving average of $11.67.
Evergreen (NASDAQ:EVGR - Get Free Report) last posted its quarterly earnings data on Thursday, October 10th. The company reported $0.07 EPS for the quarter.
Institutional Investors Weigh In On Evergreen
Several large investors have recently added to or reduced their stakes in EVGR. Spartan Fund Management Inc. bought a new position in shares of Evergreen during the 3rd quarter worth approximately $603,000. K2 Principal Fund L.P. acquired a new position in shares of Evergreen during the 2nd quarter valued at $1,675,000. Quarry LP bought a new position in Evergreen during the third quarter worth $1,734,000. Cowen AND Company LLC acquired a new stake in Evergreen in the second quarter worth $2,706,000. Finally, Westchester Capital Management LLC acquired a new stake in Evergreen in the third quarter worth $2,920,000. Institutional investors and hedge funds own 69.26% of the company's stock.
About Evergreen
(
Get Free Report)
Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.
Featured Articles
Before you consider Evergreen, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evergreen wasn't on the list.
While Evergreen currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
