Aeva Technologies (AEVA) Expected to Announce 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. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Aeva Technologies Stock Up 2.9 %

NYSE AEVA opened at $2.80 on Tuesday. Aeva Technologies has a 52 week low of $2.20 and a 52 week high of $5.54. The stock has a market capitalization of $150.87 million, a PE ratio of -0.91 and a beta of 1.41. The firm has a 50 day moving average of $3.90 and a two-hundred day moving average of $3.86.

Insiders Place Their Bets

In other news, Director Stephen Paul Zadesky sold 14,851 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $3.50, for a total value 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. This represents a 15.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Mina Rezk sold 70,000 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $2.79, for a total transaction of $195,300.00. Following the sale, the chief technology officer now owns 8,696,669 shares of the company’s stock, valued at approximately $24,263,706.51. This represents a 0.80 % decrease in their position. The disclosure for this sale can be found here. 29.10% of the stock is currently owned by company insiders.

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.