How have the shares performed?
Aeva Technologies Inc. (AEVA) saw downtrend of -5.74% in the recent trading with $10.51 being its most recent. The current price level -51.87% lower than the highest price of $21.83 marked by the stock while trading over the past 52-weeks, whereas it is 49.08% higher than the lowest price of $7.05 the company dropped to over past 52-weeks. The latest news story on AEVA appeared in Business Wire under the title “Aeva Set to Join Russell 2000® Index” on Jun-09-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -15.72% below one month high and is +39.02% above of the lowest during that time. Looking into the simple moving average, Aeva Technologies Inc. (AEVA)’s stock stands at a SMA-50 of $9.86 while that of 5-day is reading $11.33.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AEVA’s SMA-200 as of now is $12.15.
Aeva Technologies Inc. Earnings – What Happened With AEVA
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $308.0 million.
AEVA – Aeva Technologies Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 163.96 million. AEVA does have institutional investors; and they hold 25.90% of the stock.
Aeva Technologies Inc. – Insider Activity and Holdings
As on Mar 30, 2021, Sylebra Capital Ltd was the top most holder in Aeva Technologies Inc. (NYSE:AEVA) with an ownership of 20.48 million shares of the company or 9.69% of the stake worth $237.56 million. The filing also reveals Adage Capital Partners GP L.L.C. as the second largest holder in the company with a control over 3.61% of the outstanding shares. Its stake is worth $88.53 million for having 7.63 million shares in hand.
Senvest Management LLC also came holding a key position in the company during the recent quarter and it now holds 0.36% of the outstanding shares. With this there are now 72 institutions which have possession in AEVA’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Aeva Technologies Inc. was 0.01 while posting a debt to equity ratio of 0.00. The count was 0.15 for long-term debt to equity ratio.
Aeva Technologies Inc.’s return on equity, or ROE, is -7.60%, compared to the industry average of 4.69% for Consumer Cyclical – Auto Parts. Although this indicates that AEVA fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Aeva Technologies Inc. (NYSE:AEVA) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Aeva Technologies Inc. (AEVA), we notice that the stock’s 20-day average volume is at 1,640,335 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,619,090 shares. And to end, AEVA’s 100-day average volume is 1,608,830 shares with 50% of the long-term indicators pointing towards Sell for the stock.