EVE (NYSE:EVEX) Issues Quarterly Earnings Results

EVE (NYSE:EVEX) announced its quarterly earnings data on Friday. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.01, Zacks reports.

EVE Trading Down 2.9 %

NYSE EVEX opened at $3.19 on Friday. EVE has a one year low of $2.33 and a one year high of $6.09. The company has a 50-day simple moving average of $4.50 and a 200-day simple moving average of $3.92. The company has a debt-to-equity ratio of 0.42, a quick ratio of 5.21 and a current ratio of 5.21. The firm has a market capitalization of $948.00 million, a PE ratio of -6.64 and a beta of 0.45.

Analyst Upgrades and Downgrades

EVEX has been the subject of several recent analyst reports. Cantor Fitzgerald reissued an “overweight” rating and set a $5.00 price objective on shares of EVE in a report on Friday. Canaccord Genuity Group raised their price objective on shares of EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. HC Wainwright reissued a “buy” rating and set a $6.00 price objective on shares of EVE in a report on Wednesday. Finally, TD Cowen raised shares of EVE to a “hold” rating in a report on Thursday, December 19th.

About EVE

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.