Reports suggest that Aeva Technologies Inc. (AEVA) experienced insider trading activities by its CEO, Dardashti Soroush Salehian, who sold shares in February 2022. AEVA also has negative profitability levels, which makes it a risky investment. Although analysts have mixed opinions, some rating it as a “buy” and others as a “hold,” the stock is trading far from its 50-day moving average and 52-week high. The company’s capital structure, debt-to-equity, total debt to capital, total debt to assets, and long-term debt to equity ratios are not promising. The liquidity ratio appears interesting for investors, as it stands at 32.07.
Aeva Technologies Inc. (AEVA) Stock: An Overview of Analyst Recommendations
Aeva Technologies Inc. (NYSE: AEVA) stock has garnered mixed opinions from analysts, with 4 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.” As of the latest price update, the stock has decreased by -12.80 compared to its previous closing price of 1.42. However, the company has experienced a -24.49% fall in stock performance over the last five trading sessions.
AEVA’s Market Performance
In the past week, Aeva Technologies Inc. (AEVA) has experienced a -24.49% fall in stock performance, with a -24.49% drop in the past month, and a -11.55% drop in the past quarter. The volatility ratio for the week is 9.52%, and the volatility levels for the past 30 days are at 9.58% for AEVA. The simple moving average for the last 20 days is -24.59% for AEVA stock, with a simple moving average of -45.83% for the last 200 days.
Analysts’ Opinion of AEVA
Several brokerage firms have submitted their reports for AEVA stocks. Piper Sandler repeated the rating for AEVA by listing it as a “Neutral.” The predicted price for AEVA in the upcoming period, according to Piper Sandler, is $3 based on the research report published on July 18th of the previous year 2022.
Credit Suisse expects to see AEVA reach a price target of $6, and the rating they have provided for AEVA stocks is “Outperform” according to the report published on April 14th, 2022. Morgan Stanley gave a rating of “Equal-Weight” to AEVA, setting the target price at $11 in the report published on July 19th of the previous year.
AEVA Trading at -26.87% from the 50-Day Moving Average
After a stumble in the market that brought AEVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.31% of loss for the given period. Volatility was left at 9.58%, however, over the last 30 days, the volatility rate increased by 9.52%.
During the last 5 trading sessions, AEVA fell by -22.87%. It is currently trading -17.32% lower than the moving average over the last 50 days. Over the last 20 days, shares sank -20.44%, with the moving average settling at $1.6257. Additionally, Aeva Technologies Inc. saw -8.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
There is no information regarding insider trading available in the given text.
Aeva Technologies Inc. (AEVA) Stock: Insider Trading and Stock Fundamentals
Reports suggest that there were insider trading activities at Aeva Technologies Inc. (AEVA) by Dardashti Soroush Salehian, the Chief Executive Officer of the company. Salehian sold 35,851 shares at $2.02 on Feb 06 and 52,600 shares at $2.01 on Feb 03. He now holds 23,824,040 shares of AEVA, valued at $72,283 using the latest closing price.
Stock Fundamentals for AEVA
Aeva Technologies Inc. (AEVA) has negative profitability levels, with -1124.51 for the present operating margin and a gross margin of +37.04. The net margin stands at -1099.60, and the total capital return value is set at -29.51, while invested capital returns managed to touch -28.97. Equity return is now at value -33.20, with -31.50 for asset returns.
Based on AEVA, the company’s capital structure generated 2.26 points at debt to equity in total, while total debt to capital is 2.21. Total debt to assets is 2.16, with a long-term debt to equity ratio resting at 1.63. Finally, the long-term debt to capital ratio is 1.60.
Regarding enterprise to sales, the ratio stands at -2.06, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 2.89, and the total asset turnover is 0.03. The liquidity ratio appears interesting for investors as it stands at 32.07.
Conclusion
In summary, AEVA’s recent insider trading activities by its CEO and negative profitability levels make the stock a risky investment. Analysts have mixed opinions, with some rating it as a “buy” and others as a “hold.” It’s important to note that the stock is currently trading far from its 50-day moving average and 52-week high.
Don’t miss interesting posts on Famousbio
