Aeva Technologies (AEVA) Expected to Announce Earnings on Wednesday

Aeva Technologies (NYSE:AEVAGet Free Report) will likely be posting its quarterly earnings results after the market closes on Wednesday, March 19th. Analysts expect Aeva Technologies to post earnings of ($0.58) per share and revenue of $2.47 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Aeva Technologies Stock Up 5.0 %

AEVA stock opened at $2.72 on Monday. Aeva Technologies has a twelve month low of $2.20 and a twelve month high of $5.54. The company has a market cap of $146.56 million, a PE ratio of -0.88 and a beta of 1.41. The business’s 50-day simple moving average is $3.95 and its 200 day simple moving average is $3.86.

Insider Buying and Selling at Aeva Technologies

In other news, Director Stephen Paul Zadesky sold 14,851 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $3.50, for a total value of $51,978.50. Following the completion of the sale, the director now directly owns 83,764 shares in the company, valued at approximately $293,174. This trade represents a 15.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CTO Mina Rezk sold 70,000 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $2.79, for a total value of $195,300.00. Following the completion of the sale, the chief technology officer now owns 8,696,669 shares of the company’s stock, valued at approximately $24,263,706.51. This trade represents a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 29.10% of the company’s stock.

About Aeva Technologies

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Aeva Technologies, Inc engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology.

See Also

Earnings History for Aeva Technologies (NYSE:AEVA)

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