Aeva Technologies (NYSE:AEVA – Get 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
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.
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