Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. EVgo Inc’s current trading price is -28.45% away from its 52-week high, while its distance from the 52-week low is 293.33%. The stock’s price range during this period has varied between $1.65 and $9.07. The company, active in the Consumer Cyclical sector, saw a trading volume of around 4.94 million for the day, considerably lower average daily volume of 8.36 million observed over the last three months.
EVgo Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $9.07 on 10/25/24, and the lowest price during that time was $1.65, recorded on 04/25/24.
How Financial Performance Impacts Market Capitalization
EVgo Inc (EVGO) has experienced a quarterly rise of 56.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.97B and boasts a workforce of 292 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.13, with a change in price of +3.67. Similarly, EVgo Inc recorded 6,797,162 in trading volume during the last 100 days, posting a change of +130.14%.
EVGO Stock Stochastic Average
As of today, the raw stochastic average of EVgo Inc over the past 50 days is 50.95%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 46.28%. Additionally, the Stochastic %K and %D values for the company were 44.54% and 39.74%, respectively, over the past 20 days.
EVGO Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 81.28%. However, over the past six months, we’ve seen a weaker performance of 216.59%. The price of EVGO leaped by -23.83% over the last 30 days. And in the last five days, it has surged by 11.32%.
