EVgo, Inc. (NASDAQ:EVGOW – Get Free Report) fell 1.8% during trading on Wednesday . The company traded as low as $0.51 and last traded at $0.53. 69,318 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 65,102 shares. The stock had previously closed at $0.54.
EVgo Stock Up 4.8 %
The company’s fifty day simple moving average is $0.99 and its two-hundred day simple moving average is $0.65.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in EVgo stock. Wolverine Asset Management LLC lifted its position in shares of EVgo, Inc. (NASDAQ:EVGOW – Free Report) by 37.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 88,242 shares of the company’s stock after purchasing an additional 24,091 shares during the period. Wolverine Asset Management LLC’s holdings in EVgo were worth $28,000 at the end of the most recent quarter.
About EVgo
EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.
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