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Wednesday, February 1, 2023

What Are The Chances Of Aeva Technologies Inc. (NYSE: AEVA) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Aeva Technologies Inc. (AEVA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.79%, to $1.26. The Aeva Technologies Inc. has recorded 57,514 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Aeva and Plus Showcase Next Generation Design for PlusDrive Highly Automated Trucking Solution with Aeries II 4D LiDAR.

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Stocks Info

As a NYSE listed company, AEVA falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $1.27 and fluctuated between $1.2800 as its day high and $1.1900 as its day low. The current market capitalization of Aeva Technologies Inc. is $259.70M. A total of 1.53 million shares were traded on the day, compared to an average of 1.34M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AEVA has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 12,500 shares. Over the last 12 months, there were 5 BUYs and 6 SELLs from insiders. Insiders purchased 294,059 shares during that period but sold 7,503,412.

In the most recent transaction, Zadesky Stephen Paul sold 12,500 shares of AEVA for 1.86 per share on Nov 17. After the transaction, the Director now owns 12,500 company shares. In a previous transaction on Sep 13, Sinha Saurabh sold 11,997 shares at 2.75 per share. AEVA shares that Chief Financial Officer owns now total 192,797.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AEVA in the last 3 months, the mean price target is $4.34 with high estimates of $10.00 and low estimates of $2.25. In terms of 52-week highs and lows, AEVA has a high of $7.04 and a low of $1.17.

As of this writing, AEVA has an earnings estimate of -$0.19 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.18 per share and a lower estimate of -$0.2. The company reported an EPS of -$0.15 in the last quarter, which was -7.10% lower than expectations of -$0.14.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AEVA is Overweight with a score of 3.80. A total of 4 analysts rated the stock as Buy while 1 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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