Shares of Eve Holding, Inc. (NYSE:EVEX – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 196,729 shares changed hands during mid-day trading, an increase of 41% from the previous session’s volume of 139,238 shares.The stock last traded at $3.73 and had previously closed at $3.35.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on EVEX. HC Wainwright started coverage on shares of EVE in a research note on Tuesday, September 3rd. They set a “buy” rating and a $6.00 target price on the stock. Cantor Fitzgerald reiterated an “overweight” rating and set a $5.00 price objective on shares of EVE in a report on Tuesday, November 5th.
View Our Latest Stock Analysis on EVE
EVE Stock Performance
EVE (NYSE:EVEX – Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.01. During the same quarter last year, the company posted ($0.11) EPS. On average, equities analysts expect that Eve Holding, Inc. will post -0.5 EPS for the current year.
Institutional Investors Weigh In On EVE
A number of institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in EVE in the 3rd quarter valued at $35,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of EVE in the third quarter valued at about $40,000. Franklin Resources Inc. bought a new position in shares of EVE during the third quarter valued at about $53,000. Readystate Asset Management LP purchased a new position in EVE during the third quarter worth about $83,000. Finally, Barclays PLC increased its stake in EVE by 594.1% in the 3rd quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after buying an additional 37,602 shares during the last quarter. Institutional investors and hedge funds own 1.27% of the company’s stock.
About EVE
Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.
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