Evergreen Corp (NASDAQ: EVGR) has seen a decline in its stock price by -0.09 in relation to its previous close of 11.40. However, the company has experienced a 0.44% gain in its stock price over the last five trading sessions.
Is It Worth Investing in Evergreen Corp (NASDAQ: EVGR) Right Now?
Evergreen Corp (NASDAQ: EVGR) has a price-to-earnings ratio of 38.74x that is above its average ratio. Additionally, the 36-month beta value for EVGR is 0.00.
The public float for EVGR is 7.73M and currently, short sellers hold a 0.02% ratio of that float. The average trading volume of EVGR on April 26, 2024 was 30.88K shares.
EVGR’s Market Performance
The stock of Evergreen Corp (EVGR) has seen a 0.44% increase in the past week, with a 0.80% rise in the past month, and a 1.42% gain in the past quarter. The volatility ratio for the week is 0.04%, and the volatility levels for the past 30 days are at 0.09% for EVGR. The simple moving average for the last 20 days is 0.43% for EVGR stock, with a simple moving average of 3.96% for the last 200 days.
EVGR Trading at 0.77% from the 50-Day Moving Average
After a stumble in the market that brought EVGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with 0.00% of loss for the given period.
Volatility was left at 0.09%, however, over the last 30 days, the volatility rate increased by 0.04%, as shares surge +0.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.24% upper at present.
During the last 5 trading sessions, EVGR rose by +0.44%, which changed the moving average for the period of 200-days by +10.26% in comparison to the 20-day moving average, which settled at $11.34. In addition, Evergreen Corp saw 1.79% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EVGR
The total capital return value is set at -0.02. Equity return is now at value 3.64, with 3.39 for asset returns.
Based on Evergreen Corp (EVGR), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -0.18. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -1.19.
Currently, EBITDA for the company is -1.34 million with net debt to EBITDA at -2.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In conclusion, Evergreen Corp (EVGR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
