EVgo Inc (NASDAQ:EVGO) shares, rose in value on Wednesday, April 16, with the stock price down by -0.78% to the previous day’s close as strong demand from buyers drove the stock to $2.53.
Actively observing the price movement in the last trading, the stock closed the session at $2.55, falling within a range of $2.46 and $2.6. The value of beta (5-year monthly) was 2.286. Referring to stock’s 52-week performance, its high was $9.07, and the low was $1.65. On the whole, EVGO has fluctuated by -1.17% over the past month.
With the market capitalization of EVgo Inc currently standing at about $774.99 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-03.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EVGO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of EVGO currently trading nearly -5.30% and -6.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.95, while the 7-day volatility ratio is showing 7.21% which for the 30-day chart, stands at 8.49%. Furthermore, EVgo Inc (EVGO)’s beta value is 2.26, and its average true range (ATR) is 0.22.
A comparison of EVgo Inc (EVGO) with its peers suggests the former has fared considerably weaker in the market. EVGO showed an intraday change of -0.78% in last session, and over the past year, it grew by 33.86%%.
Data on historical trading for EVgo Inc (NASDAQ:EVGO) indicates that the trading volumes over the past 10 days have averaged 4.19 and over the past 3 months, they’ve averaged 4.25 million. According to company’s latest data on outstanding shares, there are 129.97 million shares outstanding.
Nearly 5.70% of EVgo Inc’s shares belong to company insiders and institutional investors own 74.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 35.04 million shares as on 2025-03-31, resulting in a short ratio of 8.42. According to the data, the short interest in EVgo Inc (EVGO) stood at 2767.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 34.64 million. The stock has fallen by -37.53% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EVGO stock heading into the next quarter.
