EVE (NYSE:EVEX) Shares Up 8.2%

Eve Holding, Inc. (NYSE:EVEX)’s stock price rose 8.2% on Friday . The stock traded as high as $5.43 and last traded at $5.42. Approximately 60,070 shares traded hands during trading, an increase of 31% from the average daily volume of 45,990 shares. The stock had previously closed at $5.01.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald reissued a “neutral” rating and set a $7.00 price target on shares of EVE in a report on Tuesday, January 30th.

EVE Stock Up 7.0 %

The business has a 50-day moving average price of $5.37 and a two-hundred day moving average price of $6.48. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.16.

EVE (NYSE:EVEX) last released its earnings results on Friday, March 8th. The company reported ($0.14) earnings per share for the quarter. On average, research analysts expect that Eve Holding, Inc. will post -0.52 earnings per share for the current year.

Institutional Trading of EVE

A number of institutional investors have recently modified their holdings of EVEX. Barclays PLC raised its holdings in shares of EVE by 6.8% during the 3rd quarter. Barclays PLC now owns 174,629 shares of the company’s stock worth $1,447,000 after buying an additional 11,130 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of EVE by 30.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 55,929 shares of the company’s stock worth $464,000 after buying an additional 13,183 shares in the last quarter. Finally, Strs Ohio raised its holdings in shares of EVE by 3,883.3% during the 4th quarter. Strs Ohio now owns 47,800 shares of the company’s stock worth $349,000 after buying an additional 46,600 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

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.