EVE (NYSE:EVEX) Shares Gap Down to $4.20

Eve Holding, Inc. (NYSE:EVEX) shares gapped down prior to trading on Friday . The stock had previously closed at $4.20, but opened at $3.92. EVE shares last traded at $3.92, with a volume of 23,353 shares traded.

EVE Stock Performance

The company has a market capitalization of $1.11 billion, a P/E ratio of -9.18 and a beta of 0.41. The business has a 50-day moving average of $5.07 and a 200-day moving average of $5.83. 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 issued its quarterly earnings results on Tuesday, May 7th. The company reported ($0.09) earnings per share (EPS) for the quarter. On average, sell-side analysts anticipate that Eve Holding, Inc. will post -0.53 EPS for the current year.

Institutional Trading of EVE

An institutional investor recently raised its position in EVE stock. Vanguard Group Inc. increased its position in shares of Eve Holding, Inc. (NYSE:EVEX) by 7.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 517,707 shares of the company’s stock after buying an additional 34,484 shares during the period. Vanguard Group Inc. owned about 0.19% of EVE worth $2,796,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.27% of the company’s stock.

EVE Company Profile

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.