Stocks of ChargePoint Holdings Inc (NYSE:CHPT) traded higher last session on Wall Street, down -1.02% to $0.69.
CHPT stock price is now 7.17% away from the 50-day moving average and -33.99% away from the 200-day moving average. The market capitalization of the company currently stands at $317.84M.
With the price target reduced from $4 to $1, Evercore ISI Downgraded its rating from Outperform to In-line for ChargePoint Holdings Inc (NYSE: CHPT). , while ‘JP Morgan’ rates the stock as ‘Underweight’
In other news, Chavez Rebecca, CLO and Corp Secretary sold 24,494 shares of the company’s stock on Mar 21 ’25. The stock was sold for $16,017 at an average price of $0.65. Upon completion of the transaction, the CLO and Corp Secretary now directly owns 1,173,568 shares in the company, valued at $0.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 21 ’25, CFO Khetani Mansi sold 11,327 shares of the business’s stock. A total of $7,407 was realized by selling the stock at an average price of $0.65. This leaves the insider owning 1,228,978 shares of the company worth $0.85 million. A total of 12.23% of the company’s stock is owned by insiders.
During the past 12 months, ChargePoint Holdings Inc has had a low of $0.51 and a high of $2.44. As of last week, the company has a debt-to-equity ratio of 2.27, a current ratio of 1.93, and a quick ratio of 1.22.
The net profit margin was -67.83% and return on equity was -121.64% for CHPT.
