EVE (NYSE:EVEX) Trading Up 5.3%

Eve Holding, Inc. (NYSE:EVEX - Get Free Report)'s share price rose 5.3% during mid-day trading on Monday . The company traded as high as $4.39 and last traded at $4.35. Approximately 7,802 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 50,123 shares. The stock had previously closed at $4.13.

EVE Stock Performance

The company has a quick ratio of 4.96, a current ratio of 4.96 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $1.08 billion, a PE ratio of -9.04 and a beta of 0.41. The stock's fifty day simple moving average is $5.07 and its 200-day simple moving average is $5.82.

EVE (NYSE:EVEX - Get Free Report) last issued its earnings results on Tuesday, May 7th. The company reported ($0.09) earnings per share (EPS) for the quarter. On average, research analysts predict that Eve Holding, Inc. will post -0.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in EVE stock. Strs Ohio lifted its holdings in shares of Eve Holding, Inc. (NYSE:EVEX - Free Report) by 3,883.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,800 shares of the company's stock after purchasing an additional 46,600 shares during the period. Strs Ohio's holdings in EVE were worth $349,000 as of its most recent SEC filing. 1.27% of the stock is currently owned by institutional investors.

About EVE

Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.