Aeva Technologies (AEVA) to Release Quarterly Earnings on Wednesday

Aeva Technologies (NYSE:AEVA) is expected to post its quarterly earnings results 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 that are interested in registering for the company’s earnings conference call can do so using this link.

Aeva Technologies Price Performance

NYSE AEVA opened at $2.60 on Wednesday. The company has a market capitalization of $140.10 million, a price-to-earnings ratio of -0.84 and a beta of 1.41. Aeva Technologies has a 12 month low of $2.20 and a 12 month high of $6.30. The company’s fifty day moving average price is $4.08 and its two-hundred day moving average price is $3.87.

Insider Activity

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

Aeva Technologies Company Profile

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.