Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. EVgo Inc shares valued at $270,039 were sold by KISH DENNIS G on May 20 ’25. At $3.69 per share, KISH DENNIS G sold 73,215 shares. The insider’s holdings dropped to 72,269 shares worth approximately $0.25 million following the completion of this transaction.
Also, KISH DENNIS G sold 46,785 shares, netting a total of over 175,612 in proceeds. Following the sale of shares at $3.75 each, the insider now holds 145,484 shares.
Before that, Dennis Kish had added 120,000 shares to its account. In a trade valued at $450,000, the Officer bought EVgo Inc shares for $3.75 each.
As published in a research note from UBS on October 10, 2024, EVgo Inc [EVGO] has been rated up from a Neutral to a Buy and the price target has been revised to $8.50 from $4. Analysts at TD Cowen upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early October. As of October 03, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for EVGO. Earlier on July 22, 2024, UBS initiated its rating. Their recommendation was “a Neutral” for EVGO stock.
Analyzing EVGO Stock Performance
During the last five days, there has been a drop of approximately -14.81%. Over the course of the year, EVgo Inc shares have dropped approximately -14.81%. A 50-day SMA is recorded $2.91, while a 200-day SMA reached $4.32.
Support And Resistance Levels for EVgo Inc (EVGO)
RSI (Relative Strength Index) is 53.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.02, which suggests the price will decrease in the coming days. Percent R is at 47.51%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
