EVe Mobility Acquisition (NYSE:EVE) Stock Price Down 0.1%

EVe Mobility Acquisition Corp (NYSE:EVE)’s share price fell 0.1% during trading on Tuesday . The stock traded as low as $10.99 and last traded at $10.99. 7,222 shares changed hands during trading, a decline of 82% from the average session volume of 40,291 shares. The stock had previously closed at $11.00.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their price objective on EVe Mobility Acquisition from $13.50 to $12.50 and set an “overweight” rating on the stock in a research note on Thursday, March 21st.

EVe Mobility Acquisition Stock Performance

The company has a 50 day moving average of $10.92 and a 200 day moving average of $10.83.

Institutional Trading of EVe Mobility Acquisition

Several hedge funds have recently added to or reduced their stakes in EVE. Citadel Advisors LLC acquired a new stake in shares of EVe Mobility Acquisition in the 2nd quarter valued at about $138,000. Condor Capital Management acquired a new stake in shares of EVe Mobility Acquisition in the 4th quarter valued at about $165,000. Basso Capital Management L.P. acquired a new stake in shares of EVe Mobility Acquisition in the 1st quarter valued at about $504,000. Hsbc Holdings PLC acquired a new stake in shares of EVe Mobility Acquisition in the 4th quarter valued at about $1,034,000. Finally, Deltec Asset Management LLC acquired a new stake in shares of EVe Mobility Acquisition in the 3rd quarter valued at about $1,050,000.

EVe Mobility Acquisition Company Profile

EVe Mobility Acquisition Corp does not have significant operations. The company focuses on effectuating a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on the automotive and mobility industry.