How to Buy Evgo Stock
Evgo Inc
EVgo, Inc. owns and operates a direct current fast charging network in the United States.
Evgo stock last closed at $1.81, up 5.85% from the previous day, and has decreased 69.43% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.8 percentage points. Evgo stock is currently +9.7% from its 52-week low of $1.65, and -72.07% from its 52-week high of $6.48.
There are currently 301.52M EVGO shares outstanding. The market capitalization of EVGO is $545.74M. In the past 24 hours, 2.26M EVGO shares were traded.
How to Buy Evgo Stock
Wondering how to invest in Evgo stock? Here's how.
- Decide where to buy Evgo stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Evgo stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Analyze Evgo stock: The Evgo ticker symbol is EVGO. Is Evgo stock a good investment? Should you buy shares of EVGO? How do EVGO's underlying business fundamentals look? Do top analysts think Evgo is a good buy? Why has EVGO's stock price moved recently? (Hint: Our stock research website can help you figure out if EVGO is a good stock to buy).
- Place your EVGO purchase: Decide if you will purchase EVGO shares at the current market price or use a limit order to purchase EVGO shares at a particular price.
- Watch your EVGO investment: Create a watchlist to key updates about your position in Evgo shares.
Step 1: Decide where to buy Evgo stock
You will need an online brokerage account to access the NASDAQ market and buy EVGO stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you can invest in EVGO today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Evgo stock
After you have figured out the best place to buy Evgo stock, it's important to evaluate their stock prior to investing, so you truly comprehend the risk as well as the upside.
Evgo stock data
EVGO Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on EVGO's stock page.
How is EVGO stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge EVGO's true value.
You can do additional valuation research on EVGO's stock here.
EVGO Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the EVGO balance sheet.
- There are more short-term assets than long-term liabilities on the EVGO balance sheet.
- EVGO has cash burn of 195951000. It has enough cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- Total EVGO debt is still negative.
- EVGO debt to equity ratio of -1.66 is negative.
- EVGO profit margin has gone up by 0.24 percentage points in the past year, but the company is still unprofitable.
- EVGO has $209.15M in cash and short term investments. This is not enough to cover its annual cash burn of $195.95M.
Is it a good time to buy EVGO stock, according to analysts?
Out of 4 Equities analysts who give forecasts on EVGO, the consensus analyst rating on EVGO is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Evgo stock forecast page.
Metrics for Advanced EVGO Traders
How is EVGO performing as a company?
Last year, EVGO revenue was $160.95M. In the past 3 year, EVGO's revenue has grown by 224.63% per year. This was faster than the Specialty Retail industry average of 11.71%.
Dig into EVGO's earnings and revenue performance here.
Are EVGO insiders buying or selling the stock?
Over the past year, insiders at EVGO have bought more shares than they have sold.
Francine Sullivan, Chief Legal Officer of EVGO, was the latest EVGO insider to sell. They sold $3,340.40 worth of EVGO stock on Mar 19, 2024.
Dig into more about who owns EVGO shares here.
Does EVGO stock generate passive income?
No, Evgo doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your EVGO purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price, use a limit order.
Hit the Open button and eToro will execute your order.
If you want more assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your EVGO investment
Now that you own some shares in EVGO, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to monitor your EVGO stock.
EVGO Feed
How to Buy Stock in Evgo
To reiterate, here are the 6 steps for buying Evgo stock:
- Decide where to buy Evgo stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Evgo stock
- Place your EVGO purchase
- Watch your EVGO investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Evgo, create a watchlist on WallStreetZen today.
Related "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.