Find the stock by name or ticker symbol – EVGO – and research it before deciding if it’s a good investment for you. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. Check in on your investment.
Similarly, Is EVgo on the NYSE?
EVgo trades on the New York Stock Exchange (NYSE) under the ticker symbol « EVGO. »
How many shares of EVgo are there? Share Statistics
| Avg Vol (3 month) 3 | 3.11M |
|---|---|
| Shares Outstanding 5 | 68.74M |
| Implied Shares Outstanding 6 | 195.8M |
| Float 8 | 67.98M |
| % Held by Insiders 1 | 0.24% |
Thereof, Why is EVgo stock dropping?
Stock in electric vehicle charging company EVgo is down after the company reported better- than-expected fourth-quarter sales. The guidance for 2022 looks to be just short of what Wall Street, and the company, expected.
Why is EVgo going down?
EVgo stock tumbles after BofA says sell, citing recent EV ‘charging euphoria’ and pending lockup expiry – MarketWatch.
Is EVgo overvalued?
EV charging stocks EVgo, Inc. (EVGO), Volta Inc. (VLTA), ADS-TEC Energy PLC (ADSE), and Nuvve Holding Corp. (NVVE) look significantly overvalued at their current price levels.
Who is EVgo owned by?
Founded in 2010, EVgo was acquired by power and energy infrastructure firm LS Power in December 2019 and currently has more than 800 fast-charging locations across 34 U.S. states, catering to over 220,000 customers.
Why is EVgo going up?
Shares of EVgo ( EVGO 4.47% ) climbed on Tuesday after the fast-charging network for electric vehicles (EVs) announced that its PlugShare platform had exceeded 1 million app downloads since the beginning of the year.
Is EVgo profitable?
EVgo reported a net income of $23.6 million. Their cash flow from operations also remained negative.
Is EVgo stock undervalued?
It set a $17 price target on EVGO stock. But I believe that the shares actually remain extremely undervalued, based on the stock’s current market capitalization and the company’s long-term potential.
What is a EV stock?
An EV stock is a company involved with the design, development or production of battery electric vehicles, hydrogen fuel cell vehicles, battery chargers, battery charging stations, and smart-car technology.
Can Tesla use EVgo?
Yes! EVgo welcomes all Tesla drivers to fast charge at any of our 800+ EVgo stations using your own Tesla CHAdeMO adapter, or the Tesla connectors available at select locations across the US.
Who is EVgo?
About EVgo
EVgo is the largest public fast charging network for electric vehicles in the nation, and is powered by 100% renewable energy.
Who makes ChargePoint?
Coulomb Technologies is the leading electric vehicle charging solutions company, providing the ChargePoint Network, the largest global online network connecting electric vehicle drivers to unoccupied charging stations in over 14 countries; and the ChargePoint Network service plans, cloud-based solutions that handle all …
Does EVgo work with Tesla?
Yes! EVgo welcomes all Tesla drivers to fast charge at any of our 800+ EVgo stations using your own Tesla CHAdeMO adapter, or the Tesla connectors available at select locations across the US.
What sector is EVgo?
Class A Common Stock (EVGO) Stock Price, Quote, News & History | Nasdaq.
…
Key Data.
| Label | Value |
|---|---|
| Sector | Consumer Services |
| Industry | Catalog/Specialty Distribution |
| 1 Year Target | $15.00 |
| Today’s High/Low | $12.95/$12.26 |
How does EVgo make money?
EVgo is among the companies trying to make money by selling electricity at public recharging stations. Instead of building their own charging networks, automakers like General Motors and Ford have partnered with charging companies.
Which is better EVgo or CHPT?
In terms of Forward EV/Sales, EVGO is currently trading at 79.06x, which is substantially higher than CHPT, whose multiple is currently 19.04x. When it comes to the FWD Price/Sales multiple, EVGO’s P/S multiple of 28.02x is 36% higher than CHPT’s 20.47x.
Who has the most EV fast charging stations?
US DC Fast Charging Networks — Ranked as of December 31, 2021
| Rank | Charging Network | % of Total |
|---|---|---|
| 1 | Tesla | 58.0% |
| 2 | Electrify America | 14.4% |
| 3 | EVgo Network | 7.9% |
| 4 | ChargePoint Network | 7.7% |
When was EVgo IPO?
The company went public on July 1 through a SPAC merger and the shares began trading on the NASDAQ on July 2. With a market capitalization of $798.7 million, EVgo’s stock has lost around 23% of its value since its IPO.
Can I use my ChargePoint card at EVgo stations?
You can charge your EV at any publicly accessible location on the ChargePoint network or our roaming partner networks, including EVgo and FLO. Use the ChargePoint app to find and access stations near you on multiple charging networks.
Are EV worth buying?
Is it worth buying an electric car in India? If you are looking for an electric car for your short daily commutes, then an EV is worth the money as it will reduce your commute costs in the long run. The maintenance cost of an electric car is also less when compared to a conventional car.
Who is Tesla’s biggest competitor?
Seven electric vehicle companies competing with Tesla:
- Rivian Automotive Inc. (RIVN)
- Lucid Group Inc. (LCID)
- Nio Inc. (NIO)
- XPeng Inc. (XPEV)
- Li Auto Inc. (LI)
- Ford Motor Co. (F)
- General Motors Co. (GM)
Are EV the future?
The auto industry’s future “is electric, and there’s no turning back,” according to President Biden. It’s expected that EV sales in the U.S. will grow from around 500,000 vehicles in 2021 to over 4 million in 2030.
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