In yesterday’s Wall Street session, Enviva Inc (NYSE:EVA) shares traded at $0.50, up 27.78% from the previous session.
EVA stock price is now -8.94% away from the 50-day moving average and -91.06% away from the 200-day moving average. The market capitalization of the company currently stands at $36.94M.
, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, INCLUSIVE CAPITAL PARTNERS, L., 10% Owner sold 2,250,000 shares of the company’s stock on Nov 14 ’23. The stock was sold for $3,349,350 at an average price of $1.49. Upon completion of the transaction, the 10% Owner now directly owns 5,348,710 shares in the company, valued at $2.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 25 ’23, Director BUMGARNER JOHN C JR bought 100,000 shares of the business’s stock. A total of $850,000 was incurred on buying the stock at an average price of $8.50. This leaves the insider owning 415,763 shares of the company worth $0.21 million. A total of 48.57% of the company’s stock is owned by insiders.
During the past 12 months, Enviva Inc has had a low of $0.25 and a high of $33.18. As of last week, the company has a debt-to-equity ratio of 6.23, a current ratio of 1.42, and a quick ratio of 1.06. The fifty day moving average price for EVA is $0.5375 and a two-hundred day moving average price translates $5.5099 for the stock.
The latest earnings results from Enviva Inc (NYSE: EVA) was released for Sep, 2023. According to the Lumber & Wood Production Company, earnings per share came in at -$1.14, missing analysts’ expectations of -$0.29 by -0.85. This compares to -$0.27 EPS in the same period last year. The net profit margin was -29.52% and return on equity was -90.74% for EVA. The company reported revenue of $320.64 million for the quarter, compared to $325.66 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.54 percent. For the current quarter, analysts expect EVA to generate $316.64M in revenue.
