EVE (NYSE:EVEX) Stock Price Up 6.7% – Time to Buy?

Eve Holding, Inc. (NYSE:EVEX – Get Free Report)’s stock price rose 6.7% on Tuesday . The stock traded as high as $5.49 and last traded at $5.43. Approximately 114,028 shares were traded during trading, a decline of 35% from the average daily volume of 174,874 shares. The stock had previously closed at $5.09. Analyst Ratings [...]

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Eve Holding, Inc. ( NYSE:EVEX – Get Free Report )’s stock price rose 6.7% on Tuesday .

The stock traded as high as $5.49 and last traded at $5.43.



Approximately 114,028 shares were traded during trading, a decline of 35% from the average daily volume of 174,874 shares. The stock had previously closed at $5.09.

Analyst Ratings Changes A number of brokerages recently issued reports on EVEX. HC Wainwright began coverage on shares of EVE in a research note on Tuesday, September 3rd. They issued a “buy” rating and a $6.

00 price target on the stock. Canaccord Genuity Group increased their price target on shares of EVE from $6.75 to $7.

00 and gave the company a “buy” rating in a report on Monday, December 2nd. Cantor Fitzgerald restated an “overweight” rating and issued a $5.00 price objective on shares of EVE in a report on Tuesday, November 5th.

Finally, TD Cowen upgraded EVE to a “hold” rating in a research note on Thursday, December 19th. Read Our Latest Stock Report on EVEX EVE Stock Performance EVE ( NYSE:EVEX – Get Free Report ) last issued its earnings results on Monday, November 4th. The company reported ($0.

12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.01.

During the same quarter in the previous year, the firm posted ($0.11) earnings per share. As a group, equities research analysts forecast that Eve Holding, Inc.

will post -0.5 EPS for the current fiscal year. Hedge Funds Weigh In On EVE Institutional investors have recently made changes to their positions in the business.

Blair William & Co. IL purchased a new stake in EVE during the second quarter valued at approximately $190,000. SG Americas Securities LLC bought a new stake in shares of EVE during the 3rd quarter valued at $35,000.

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of EVE in the 3rd quarter worth $40,000. Charles Schwab Investment Management Inc.

raised its holdings in EVE by 63.6% in the 3rd quarter. Charles Schwab Investment Management Inc.

now owns 332,732 shares of the company’s stock worth $1,078,000 after purchasing an additional 129,300 shares during the period. Finally, Readystate Asset Management LP bought a new position in EVE in the 3rd quarter worth $83,000. Institutional investors own 1.

27% of the company’s stock. EVE Company Profile ( Get Free Report ) 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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