EVgo Inc (NASDAQ:EVGO) shares, rose in value on Wednesday, July 09, with the stock price down by -0.29% to the previous day’s close as strong demand from buyers drove the stock to $3.44.
Actively observing the price movement in the last trading, the stock closed the session at $3.45, falling within a range of $3.38 and $3.48. The value of beta (5-year monthly) was 2.414. Referring to stock’s 52-week performance, its high was $9.07, and the low was $2.19. On the whole, EVGO has fluctuated by -14.00% over the past month.
With the market capitalization of EVgo Inc currently standing at about $1.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 354.51M, with a low estimate of 80M and a high estimate of 93M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 85.53M.
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 Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of EVGO currently trading nearly -11.69% and -7.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.50, while the 7-day volatility ratio is showing 5.25% which for the 30-day chart, stands at 6.25%. Furthermore, EVgo Inc (EVGO)’s beta value is 2.35.
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 -0.29% in last session, and over the past year, it shrunk by -15.06%%.
Data on historical trading for EVgo Inc (NASDAQ:EVGO) indicates that the trading volumes over the past 10 days have averaged 4.37 and over the past 3 months, they’ve averaged 4.62 million. According to company’s latest data on outstanding shares, there are 133.31 million shares outstanding.
Nearly 5.57% of EVgo Inc’s shares belong to company insiders and institutional investors own 68.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 26.05 million shares as on 2025-06-13, resulting in a short ratio of 5.56. According to the data, the short interest in EVgo Inc (EVGO) stood at 2047.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 35.32 million. The stock has risen by 23.30% 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.
