EVgo Inc (EVGO) Shares Down Despite Recent Market Volatility

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EVgo Inc (NASDAQ: EVGO) has experienced a decline in its stock price by -3.00 compared to its previous closing price of 2.83. However, the company has seen a gain of 8.07% in its stock price over the last five trading days. businesswire.com reported 2025-04-23 that LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its first quarter 2025 financial results on Tuesday, May 6, 2025. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. ET (5 a.m. PT). EVgo First Quarter 2025 Webcast When: Tuesday, May 6, 2025 Time: 8 a.m. ET (5 a.m. PT) Live Webcast: https://inv.

Is It Worth Investing in EVgo Inc (NASDAQ: EVGO) Right Now?

The 36-month beta value for EVGO is at 2.27. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for EVGO is 125.92M, and currently, shorts hold a 27.65% of that float. The average trading volume for EVGO on April 30, 2025 was 3.68M shares.

EVGO’s Market Performance

EVGO stock saw an increase of 8.07% in the past week, with a monthly gain of 3.20% and a quarterly increase of -18.79%. The volatility ratio for the week is 5.25%, and the volatility levels for the last 30 days are 7.87% for EVgo Inc (EVGO). The simple moving average for the past 20 days is 5.18% for EVGO’s stock, with a -36.59% simple moving average for the past 200 days.

Analysts’ Opinion of EVGO

Many brokerage firms have already submitted their reports for EVGO stocks, with UBS repeating the rating for EVGO by listing it as a “Buy.” The predicted price for EVGO in the upcoming period, according to UBS is $8.50 based on the research report published on October 10, 2024 of the previous year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see EVGO reach a price target of $7, previously predicting the price at $5. The rating they have provided for EVGO stocks is “Buy” according to the report published on October 03rd, 2024.

JP Morgan gave a rating of “Overweight” to EVGO, setting the target price at $7 in the report published on October 03rd of the previous year.

EVGO Trading at 3.78% from the 50-Day Moving Average

After a stumble in the market that brought EVGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.74% of loss for the given period.

Volatility was left at 7.87%, however, over the last 30 days, the volatility rate increased by 5.25%, as shares surge +0.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.60% lower at present.

During the last 5 trading sessions, EVGO rose by +7.48%, which changed the moving average for the period of 200-days by -31.75% in comparison to the 20-day moving average, which settled at $2.61. In addition, EVgo Inc saw -32.22% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EVGO starting from KISH DENNIS G, who sale 44,184 shares at the price of $3.41 back on Feb 03 ’25. After this action, KISH DENNIS G now owns 95,986 shares of EVgo Inc, valued at $150,557 using the latest closing price.

KISH DENNIS G, the Officer of EVgo Inc, proposed sale 44,184 shares at $3.22 during a trade that took place back on Feb 03 ’25, which means that KISH DENNIS G is holding shares at $142,272 based on the most recent closing price.

Stock Fundamentals for EVGO

Current profitability levels for the company are sitting at:

  • -0.5 for the present operating margin
  • 0.09 for the gross margin

The net margin for EVgo Inc stands at -0.37. The total capital return value is set at -0.19.

Based on EVgo Inc (EVGO), the company’s capital structure generated -0.55 points at debt to capital in total, while cash flow to debt ratio is standing at -0.08.

Currently, EBITDA for the company is -83.0 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 3.15. The receivables turnover for the company is 4.04for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.

Conclusion

In conclusion, EVgo Inc (EVGO) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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