Analytical Overview: Evolv Technologies Holdings Inc (EVLV)’s Ratios Tell a Financial Story

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

As of close of business last night, Evolv Technologies Holdings Inc’s stock clocked out at $2.67, down -6.64% from its previous closing price of $2.86. In other words, the price has decreased by -$6.64 from its previous closing price. On the day, 1.5 million shares were traded. EVLV stock price reached its highest trading level at $2.9 during the session, while it also had its lowest trading level at $2.635.


To gain a deeper understanding of EVLV’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

On May 10, 2024, Lake Street Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $6 to $3.50.

On November 21, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $6.Lake Street initiated its Buy rating on November 21, 2023, with a $6 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when Chitkara Anil sold 50,000 shares for $5.00 per share. The transaction valued at 250,000 led to the insider holds 1,200,157 shares of the business.

Gonzales David Mounts bought 50,000 shares of EVLV for $193,000 on Mar 06 ’24. The Director now owns 50,000 shares after completing the transaction at $3.86 per share. On Mar 04 ’24, another insider, George Peter Gustav, who serves as the President & CEO of the company, sold 132,173 shares for $3.63 each. As a result, the insider received 479,788 and left with 947,587 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVLV now has a Market Capitalization of 416752320 and an Enterprise Value of 338433216. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.99 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 4.053 whereas that against EBITDA is -4.437.

Stock Price History:

Over the past 52 weeks, EVLV has reached a high of $8.30, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -27.76%, while the 200-Day Moving Average is calculated to be -39.91%.

Shares Statistics:

It appears that EVLV traded 1.84M shares on average per day over the past three months and 1298730 shares per day over the past ten days. A total of 151.31M shares are outstanding, with a floating share count of 106.61M. Insiders hold about 31.70% of the company’s shares, while institutions hold 39.13% stake in the company. Shares short for EVLV as of 1715731200 were 9504457 with a Short Ratio of 5.17, compared to 1713139200 on 8577228. Therefore, it implies a Short% of Shares Outstanding of 9504457 and a Short% of Float of 7.32.

Most Popular