The stock of Evergy, Inc. (NYSE:EVRG) has been Downgraded to Market Perform from Outperform by Wells Fargo in its latest research note that was published on August 15. BofA/Merrill analysts bumped their recommendation on EVRG stock from Neutral to Buy in a separate flash note to investors on February 12. Analysts at Goldman downgraded the stock to a Sell call from its previous Neutral stance, in a research note that dated back to January 04.
Evergy, Inc. currently have the market capitalization of above $15 Billion, published in its last quarter earnings report.
EVRG surged by $0.62 during the normal trading session on Thursday and reaching a high of $65.66 during the day while it closed the day at $64.88. The Evergy, stock had a low trading volume of 1.26 million shares on that day, which is low compared to the average daily volume of 1.58M shares. EVRG has also gained 0.15% of its value over the past 7 days. However, the stock has surged by 7.83% in the 3 months of the year. Over the past six months meanwhile, it has gained 13.59% while it has added 14.29% year-on date. Let us now take a look at the stock’s potential support and resistance levels. The publicly traded company was seen to have slipped by -1.71% from its 3 months high price. However, taking another look at EVRG will indicate that it is trading +8.97% away from its 90-day low. Looking at the bigger picture, the Evergy, Inc. stock has dropped by -1.71% from its 52-week high while it has surged by +19.73% from its 52-week low price.
Evergy, has around 107 Billion cash on their books at the moment. This figure will have to be compared and looked into, with their current liabilities standing at $3 Trillion. The Evergy, stock is bringing in revenue of over 12 months, which is roughly 1 Trillion. Despite all that, Evergy, Inc. is seeing things progressing very much as their y-o-y quarterly revenue surged by 36.75%.
Looking at the stock’s Technical analysis information over the past 50 days shows that its Raw Stochastic average stood at 82.37%. This figure is better than the company’s 20-day Raw Stochastic average which currently stands at 64.35%. Over the past 20 days, Evergy,’s Stochastic %K stood at 60.76% while its Stochastic %D was revealed to be 53.63%.