Aeva Technologies (AEVA) Expected to Announce Earnings on Wednesday

Aeva Technologies (NYSE:AEVA) will likely be releasing its earnings data after the market closes on Wednesday, March 19th. Analysts expect Aeva Technologies to post earnings of ($0.58) per share and revenue of $2.47 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Aeva Technologies Stock Performance

NYSE AEVA opened at $2.72 on Monday. The stock has a market capitalization of $146.56 million, a price-to-earnings ratio of -0.88 and a beta of 1.41. The stock’s 50 day moving average price is $3.95 and its two-hundred day moving average price is $3.86. Aeva Technologies has a 52 week low of $2.20 and a 52 week high of $5.54.

Insiders Place Their Bets

In other Aeva Technologies news, CTO Mina Rezk sold 70,000 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $2.79, for a total value of $195,300.00. Following the transaction, the chief technology officer now directly owns 8,696,669 shares of the company’s stock, valued at $24,263,706.51. This represents a 0.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Stephen Paul Zadesky sold 14,851 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $3.50, for a total value of $51,978.50. Following the completion of the transaction, the director now directly owns 83,764 shares in the company, valued at approximately $293,174. This represents a 15.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 29.10% of the company’s stock.

About Aeva Technologies

Aeva Technologies, Inc engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology.