The trading price of EVgo Inc (NASDAQ:EVGO) closed higher on Tuesday, July 16, closing at $4.09, 2.00% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $5.95 and a 52-week low of $1.65. Over the past month, the stock has gained 99.51% in value.
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EVgo Inc, whose market valuation is $434.48 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest EVGO has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that EVGO’s price is currently 55.97% off the SMA20 and 78.52% off the SMA50. The RSI metric on the 14-day chart is currently showing 87.18, and weekly volatility stands at 12.80%. When measured over the past 30 days, the indicator reaches 9.03%. EVgo Inc (NASDAQ:EVGO)’s beta value is currently sitting at 2.70, while the Average True Range indicator is currently displaying 0.27.
To see how EVgo Inc stock has been performing in comparison to its peers in the industry, here are the numbers: EVGO stock’s performance was 2.00% in the latest trading, and 1.49% in the past year.
An evaluation of the daily trading volume of EVgo Inc (NASDAQ:EVGO) indicates that the 3-month average is 3.42 million.
Currently, records show that 102.94 million of the company’s shares remain outstanding. The insiders hold 6.38% of outstanding shares, whereas institutions hold 43.43%. However, since the stock’s price has seen 14.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
