Evercore Inc. Class A (EVR) Soars 8.46% on January 30

Evercore Inc. Class A (EVR) Soars 8.46% on January 30

Evercore Inc. Class A (EVR) had a good day on the market for Wednesday January 30 as shares jumped 8.46% to close at $90.68. About 2.05 million shares traded hands on 17,127 trades for the day, compared with an average daily volume of 498,560 shares out of a total float of 40.47 million. After opening the trading day at $93.05, shares of Evercore Inc. Class A stayed within a range of $93.50 to $87.50.

With today’s gains, Evercore Inc. Class A now has a market cap of $3.67 billion.

The stock has a P/E Ratio of 19.6. Shares of Evercore Inc. Class A have been trading within a range of $117.49 and $64.37 over the last year, and it had a 50-day SMA of $78.19 and a 200-day SMA of $95.74.

Evercore is an independent investment bank that derives the majority of its revenue from financial advisory. It also has institutional equities and investment management businesses that account for around 15% of net revenue. The company was founded in 1996 and went public in 2006. Evercore has offices in five countries, strategic alliances in five other countries, and over 1,600 employees.

Evercore Inc. Class A is based out of New York, NY and has some 1,700 employees. Its CEO is Ralph L. Schlosstein.

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