How To Know If Aeva Technologies Inc (NYSE:AEVA) Is Expensive At $3.42.

In last trading session, Aeva Technologies Inc (NYSE:AEVA) saw 0.48 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $3.42 trading at $0.32 or 10.32% at ring of the bell on the day assigns it a market valuation of $180.64M. That closing price of AEVA’s stock is at a discount of -122.22% from its 52-week high price of $7.60 and is indicating a premium of 31.87% from its 52-week low price of $2.33. Taking a look at company’s average trading volume volume of 315.69K if we extend that period to 3-months.

Aeva Technologies Inc (NYSE:AEVA) trade information

Upright in the green during last session for gaining 10.32%, in the last five days AEVA remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $3.42 price level, adding 5.52% to its value on the day. Aeva Technologies Inc’s shares saw a change of -9.73% in year-to-date performance and have moved 10.68% in past 5-day. Aeva Technologies Inc (NYSE:AEVA) showed a performance of -17.99% in past 30-days.

Aeva Technologies Inc (AEVA) estimates and forecasts

Statistics highlight that Aeva Technologies Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 43.82% of value to its shares in past 6 months, showing an annual growth rate of 8.24% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 103.80% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.7M for the same. And 4 analysts are in estimates of company making revenue of 1.85M in the next quarter. Company posted 1.15M and 743k of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 10.10% while estimates for its earnings growth in next 5 years are of 20.00%.

AEVA Dividends

Aeva Technologies Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.