Shares of EVgo Inc. (NYSE:EVGO) gapped up before the market opened on Tuesday . The stock had previously closed at $7.28, but opened at $7.55. EVgo shares last traded at $7.82, with a volume of 15,475 shares traded.
A number of brokerages have issued reports on EVGO. Citigroup began coverage on EVgo in a research report on Wednesday, September 15th. They set a “neutral” rating and a $10.00 price target for the company. Evercore ISI began coverage on EVgo in a research report on Tuesday, July 27th. They set an “outperform” rating and a $18.00 price target for the company. Bank of America began coverage on EVgo in a research report on Monday, August 30th. They set a “neutral” rating for the company. Vertical Research started coverage on EVgo in a research report on Wednesday, July 7th. They set a “neutral” rating for the company. Finally, Credit Suisse Group started coverage on EVgo in a report on Tuesday. They issued an “outperform” rating and a $11.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $14.25.
The company has a debt-to-equity ratio of 52.82, a current ratio of 42.77 and a quick ratio of 42.77. The firm’s fifty day simple moving average is $9.87.
EVgo Company Profile (NYSE:EVGO)
EVgo Inc operates a fast charging network for electric vehicles in the United States. It owns and operates approximately 800 fast charging locations in 65 metropolitan areas across 34 states. The company was founded in 2010 and is based in Los Angeles, California.
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