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EVgo (EVGO) to Release Quarterly Earnings on Tuesday

EVgo logo with Auto/Tires/Trucks background

EVgo (NYSE:EVGO - Get Free Report) will release its earnings data before the market opens on Tuesday, November 12th. Analysts expect EVgo to post earnings of ($0.15) per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

EVgo Stock Performance

EVGO traded up $0.03 during trading on Tuesday, hitting $7.51. 2,737,415 shares of the stock were exchanged, compared to its average volume of 4,304,369. EVgo has a 1 year low of $1.65 and a 1 year high of $9.07. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of -18.77 and a beta of 2.38. The firm has a 50 day simple moving average of $5.86 and a 200 day simple moving average of $3.82.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Capital One Financial upgraded shares of EVgo to a "strong-buy" rating in a report on Monday, September 16th. Needham & Company LLC restated a "hold" rating on shares of EVgo in a research note on Thursday, August 29th. JPMorgan Chase & Co. raised shares of EVgo from a "neutral" rating to an "overweight" rating and set a $7.00 price objective for the company in a research report on Thursday, October 3rd. Marathon Capitl raised shares of EVgo from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 22nd. Finally, TD Cowen raised shares of EVgo from a "hold" rating to a "buy" rating and raised their price target for the stock from $5.00 to $7.00 in a report on Thursday, October 3rd. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $6.61.

Check Out Our Latest Analysis on EVGO

Insider Activity at EVgo

In related news, President Dennis G. Kish sold 16,414 shares of EVgo stock in a transaction on Monday, August 12th. The shares were sold at an average price of $3.60, for a total value of $59,090.40. Following the sale, the president now owns 47,614 shares of the company's stock, valued at approximately $171,410.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Francine Sullivan sold 12,584 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $3.60, for a total value of $45,302.40. Following the completion of the transaction, the insider now directly owns 117,327 shares in the company, valued at approximately $422,377.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Dennis G. Kish sold 16,414 shares of EVgo stock in a transaction on Monday, August 12th. The shares were sold at an average price of $3.60, for a total value of $59,090.40. Following the completion of the sale, the president now owns 47,614 shares in the company, valued at $171,410.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 66.96% of the company's stock.

EVgo Company Profile

(Get Free Report)

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.

Further Reading

Earnings History for EVgo (NYSE:EVGO)

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