In a filing, EVgo Inc revealed its President KISH DENNIS G unloaded Company’s shares for reported $0.27 million on May 20 ’25. In the deal valued at $3.69 per share,73,215 shares were sold. As a result of this transaction, KISH DENNIS G now holds 72,269 shares worth roughly $0.29 million.
Then, KISH DENNIS G sold 46,785 shares, generating $175,612 in total proceeds. Upon selling the shares at $3.75, the President now owns 145,484 shares.
Before that, Dennis Kish bought 120,000 shares. EVgo Inc shares valued at $450,000 were divested by the Officer at a price of $3.75 per share.
UBS upgraded its EVgo Inc [EVGO] rating to a Buy from a a Neutral in a research note published on October 10, 2024; the price target was increased to $8.50 from $4. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in early October from “a Hold” to “a Buy”. JP Morgan also remained covering EVGO and has increased its forecast on October 03, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. UBS started covering the stock on July 22, 2024. It rated EVGO as “a Neutral”.
Price Performance Review of EVGO
On Friday, EVgo Inc [NASDAQ:EVGO] saw its stock jump 5.26% to $4.00. Over the last five days, the stock has gained 1.27%. EVgo Inc shares have fallen nearly -1.23% since the year began. Nevertheless, the stocks have risen 106.19% over the past one year. While a 52-week high of $9.07 was reached on 01/07/25, a 52-week low of $1.95 was recorded on 03/04/25. SMA at 50 days reached $3.19, while 200 days put it at $4.33.
Levels Of Support And Resistance For EVGO Stock
The 24-hour chart illustrates a support level at 3.85, which if violated will result in even more drops to 3.69. On the upside, there is a resistance level at 4.14. A further resistance level may holdings at 4.27. The Relative Strength Index (RSI) on the 14-day chart is 61.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.74%. Stochastics %K at 48.43% indicates the stock is a holding.
The most recent change occurred on June 05, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $3 price target.
