Eve Holding, Inc. (NYSE:EVEX – Get Free Report)’s stock price rose 7.7% during mid-day trading on Wednesday . The company traded as high as $5.35 and last traded at $5.34. Approximately 11,350 shares were traded during trading, a decline of 74% from the average daily volume of 43,188 shares. The stock had previously closed at $4.96.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald reiterated a “neutral” rating and set a $7.00 target price on shares of EVE in a research report on Tuesday, January 30th.
Get Our Latest Research Report on EVE
EVE Stock Up 10.5 %
EVE (NYSE:EVEX – Get Free Report) last announced its quarterly earnings data on Friday, March 8th. The company reported ($0.14) earnings per share for the quarter. As a group, equities research analysts predict that Eve Holding, Inc. will post -0.52 earnings per share for the current year.
Institutional Trading of EVE
Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada acquired a new stake in shares of EVE in the 2nd quarter worth $52,000. Citigroup Inc. acquired a new stake in shares of EVE during the 2nd quarter worth about $56,000. California State Teachers Retirement System acquired a new stake in shares of EVE during the 2nd quarter worth about $63,000. Wells Fargo & Company MN acquired a new position in EVE in the 2nd quarter valued at about $78,000. Finally, Deutsche Bank AG grew its position in EVE by 541.6% in the 3rd quarter. Deutsche Bank AG now owns 9,990 shares of the company’s stock valued at $83,000 after acquiring an additional 8,433 shares in the last quarter. 1.27% of the stock is owned by institutional investors and hedge funds.
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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