Aeva Technologies (AEVA) Expected to Announce Quarterly Earnings on Wednesday

Aeva Technologies (NYSE:AEVAGet Free Report) is projected to announce its earnings results after the market closes on Wednesday, March 19th. Analysts expect the company to announce earnings of ($0.58) per share and revenue of $2.47 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Aeva Technologies Stock Performance

NYSE AEVA opened at $2.80 on Tuesday. The business has a fifty day moving average price of $3.90 and a 200 day moving average price of $3.86. Aeva Technologies has a one year low of $2.20 and a one year high of $5.54. The company has a market cap of $150.87 million, a P/E ratio of -0.91 and a beta of 1.41.

Insider Buying and Selling at Aeva Technologies

In other news, Director Stephen Paul Zadesky sold 14,851 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $3.50, for a total value of $51,978.50. Following the sale, the director now directly owns 83,764 shares of the company’s stock, valued at approximately $293,174. The trade was a 15.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Mina Rezk sold 70,000 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $2.79, for a total transaction of $195,300.00. Following the completion of the sale, the chief technology officer now directly owns 8,696,669 shares in the company, valued at $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. 29.10% of the stock is currently owned by company insiders.

Aeva Technologies Company Profile

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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.

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Earnings History for Aeva Technologies (NYSE:AEVA)

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