EVgo, Inc. (NASDAQ:EVGOW – Get Free Report)’s share price rose 4.8% during trading on Monday . The stock traded as high as $0.30 and last traded at $0.27. Approximately 23,423 shares traded hands during trading, a decline of 68% from the average daily volume of 72,906 shares. The stock had previously closed at $0.26.
EVgo Stock Performance
The company’s 50 day moving average price is $0.30 and its 200-day moving average price is $0.68.
Institutional Investors Weigh In On EVgo
A number of hedge funds have recently made changes to their positions in EVGOW. LMR Partners LLP lifted its position in EVgo by 16.6% during the fourth quarter. LMR Partners LLP now owns 2,819,066 shares of the company’s stock valued at $1,506,000 after buying an additional 402,331 shares during the period. Aristeia Capital L.L.C. purchased a new stake in shares of EVgo during the 4th quarter valued at about $317,000. Finally, Boothbay Fund Management LLC purchased a new stake in EVgo during the 4th quarter valued at $84,000.
About EVgo
EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.
Read More
- Five stocks we like better than EVgo
- How to Buy Cheap Stocks Step by Step
- Energy Transfer: Powering Data With Dividends and Diversification
- What is Insider Trading? What You Can Learn from Insider Trading
- Qualcomm Stock Is Coiling for a Breakout
- Overbought Stocks Explained: Should You Trade Them?
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
Receive News & Ratings for EVgo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVgo and related companies with MarketBeat.com's FREE daily email newsletter.
