Aeva Technologies Inc (NYSE:AEVA) shares traded 4.86% higher at $4.75 on Wall Street last session.
AEVA stock price is now 26.32% away from the 50-day moving average and 33.44% away from the 200-day moving average. The market capitalization of the company currently stands at $255.94M.
With the price target reduced from $5 to $3, Piper Sandler Downgraded its rating from Overweight to Neutral for Aeva Technologies Inc (NYSE: AEVA). On April 14, 2022, Credit Suisse recently initiated its ‘Outperform’ rating on the stock quoting a target price of $6, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Rezk Mina, Chief Technology Officer sold 70,000 shares of the company’s stock on Nov 11 ’24. The stock was sold for $288,190 at an average price of $4.12. Upon completion of the transaction, the Chief Technology Officer now directly owns 8,766,669 shares in the company, valued at $41.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, Director REZK FAMILY TRUST U/A DTD 02/1 bought 70,000 shares of the business’s stock. A total of $301,000 was incurred on buying the stock at an average price of $4.30. A total of 42.51% of the company’s stock is owned by insiders.
During the past 12 months, Aeva Technologies Inc has had a low of $2.20 and a high of $7.25. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 4.32, and a quick ratio of 4.26. The fifty day moving average price for AEVA is $3.7228 and a two-hundred day moving average price translates $3.55955 for the stock.
The latest earnings results from Aeva Technologies Inc (NYSE: AEVA) was released for 2024-09-30. The net profit margin was -2018.56% and return on equity was -85.76% for AEVA. The company reported revenue of $2.25 million for the quarter, compared to $0.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 177.78 percent.
