. . .

Eye Catching Stock News: EverQuote (NASDAQ:EVER)

EverQuote (NASDAQ:EVER) changed 6.65% to recent value of $18.77. The stock transacted 150634 shares during most recent day however it has an average volume of 284.61K shares. It spotted trading -25.57% off 52-week high price. On the other end, the stock has been noted 363.46% away from the low price over the last 52-weeks.

EverQuote (NASDAQ: EVER), a leading online insurance marketplace in the U.S., is pleased to announce that Shivi Shankaran will join the company as Executive Vice President of Commercial Insurance and Special Projects.

Mr. Shankaran is a gifted and experienced leader in product, technology and operations, who brings significant expertise building and scaling global organizations.  “We are thrilled to welcome Shivi to the leadership team. His tenure at Amazon in a period of hypergrowth in their Global Operations organization will enable him to accelerate EverQuote’s entry into new verticals and expand opportunities. Shivi has a rare combination of skills and experience that will be crucial to EverQuote’s growth ambitions.” said Seth Birnbaum, CEO and Co-Founder of EverQuote.

“I love building things. You get to build a strong leadership culture, hire passionate individuals who share your mission, and drive hard towards results. I’m excited about how EverQuote is transforming the customer experience for buying insurance. There is significant opportunity to use technology to match customers with the right products for their needs at the right prices. I’m thrilled to be joining an organization as data-driven as EverQuote and look forward to helping write the next chapter in EverQuote’s incredible growth story,”  said Mr. Shankaran.

Mr. Shankaran previously spent nearly 15 years in various roles at Amazon. Before this, he worked as a Senior Software Engineer at Netscape. He holds a Bachelors degree in Electronics Engineering, a Masters degree in Computer Science, and an MBA from Carnegie Mellon University.

 EVER has a gross margin of 92.90% and an operating margin of -9.40% while its profit margin remained -9.00% for the last 12 months. Its earnings per share (EPS) expected to touch remained -291.60% for this year while earning per share for the next 5-years is expected to reach at 25.50%.

 The company has 27.21M of outstanding shares and 8.07M shares were floated in the market. According to the most recent quarter its current ratio was 2.7 that represents company’s ability to meet its current financial obligations. The price moved ahead of -4.88% from the mean of 20 days, -11.57% from mean of 50 days SMA and performed 47.93% from mean of 200 days price. Company’s performance for the week was 1.46%, -12.78% for month and YTD performance remained 349.04%.

Leave a Reply

Your email address will not be published. Required fields are marked *