With 1.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.74 million shares. The 52-week range on AEVA shows that it touched its highest point at $18.74 and its lowest point at $2.20 during that stretch. It currently has a 1-year price target of $16.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AEVA was up-trending over the past week, with a rise of 7.91%, but this was up by 141.56% over a month. Three-month performance surged to 420.12% while six-month performance rose 282.34%. The stock gained 448.10% in the past year, while it has gained 264.63% so far this year. A look at the trailing 12-month EPS for AEVA yields -2.82 with Next year EPS estimates of -1.68. For the next quarter, that number is -0.47. This implies an EPS growth rate of 17.24% for this year and 6.57% for next year. EPS is expected to grow by 18.15% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -678.17%.
Float and Shares Shorts:
At present, 54.95 million AEVA shares are outstanding with a float of 30.94 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEVA since 4 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.22491 being high and -$2.29507 being low. For AEVA, this leads to a yearly average estimate of -$2.265.
