EVE (NYSE:EVEX) Trading Down 5.1%

Eve Holding, Inc. (NYSE:EVEX) shares were down 5.1% on Friday . The stock traded as low as $3.92 and last traded at $3.94. Approximately 25,427 shares changed hands during trading, a decline of 50% from the average daily volume of 50,642 shares. The stock had previously closed at $4.15.

EVE Stock Performance

The business’s fifty day moving average price is $4.98 and its 200-day moving average price is $5.76. The stock has a market capitalization of $1.09 billion, a PE ratio of -9.00 and a beta of 0.41. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.96 and a quick ratio of 4.96.

EVE (NYSE:EVEX) last posted its earnings results on Tuesday, May 7th. The company reported ($0.09) earnings per share (EPS) for the quarter. As a group, equities research analysts expect that Eve Holding, Inc. will post -0.53 EPS for the current year.

Institutional Trading of EVE

A hedge fund recently raised its stake in EVE stock. Strs Ohio boosted its stake in Eve Holding, Inc. (NYSE:EVEX) by 3,883.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,800 shares of the company’s stock after purchasing an additional 46,600 shares during the quarter. Strs Ohio’s holdings in EVE were worth $349,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 1.27% of the company’s stock.

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.