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

Eve Holding, Inc. (NYSE:EVEX) 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 changing hands.

EVE Price Performance

The company’s fifty day moving average is $5.07 and its two-hundred day moving average is $5.83. The company has a quick ratio of 4.96, a current ratio of 4.96 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -9.18 and a beta of 0.41.

EVE (NYSE:EVEX) last posted its earnings results on Tuesday, May 7th. The company reported ($0.09) earnings per share for the quarter. Equities research analysts anticipate that Eve Holding, Inc. will post -0.53 earnings per share for the current fiscal year.

Institutional Investors Weigh In On EVE

An institutional investor recently raised its position in EVE stock. Strs Ohio lifted its stake in shares of Eve Holding, Inc. (NYSE:EVEX) by 3,883.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,800 shares of the company’s stock after acquiring an additional 46,600 shares during the period. Strs Ohio’s holdings in EVE were worth $349,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.