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In the latest session, Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $4.46 up 3.72% from its previous closing price of $4.30. In other words, the price has increased by $3.72 from its previous closing price. On the day, 0.97 million shares were traded. EVLV stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $4.23.
Ratios:
For a deeper understanding of Evolv Technologies Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 14 ’24 when Glat Neil bought 8,333 shares for $3.00 per share. The transaction valued at 24,999 led to the insider holds 162,355 shares of the business.
Gonzales David Mounts bought 50,000 shares of EVLV for $150,000 on Aug 13 ’24. The Director now owns 120,544 shares after completing the transaction at $3.00 per share. On Jun 13 ’24, another insider, Saintil Merline, who serves as the Director of the company, sold 7,754 shares for $2.37 each. As a result, the insider received 18,377 and left with 81,086 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 702673024 and an Enterprise Value of 623330176. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.88 while its Price-to-Book (P/B) ratio in mrq is 4.59. Its current Enterprise Value per Revenue stands at 6.986 whereas that against EBITDA is -8.75.
Stock Price History:
Over the past 52 weeks, EVLV has reached a high of $5.73, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 13.48%, while the 200-Day Moving Average is calculated to be 20.26%.
Shares Statistics:
For the past three months, EVLV has traded an average of 1.41M shares per day and 785850 over the past ten days. A total of 151.31M shares are outstanding, with a floating share count of 107.85M. Insiders hold about 31.54% of the company’s shares, while institutions hold 40.05% stake in the company. Shares short for EVLV as of 1727654400 were 15231221 with a Short Ratio of 10.82, compared to 1724976000 on 14098314. Therefore, it implies a Short% of Shares Outstanding of 15231221 and a Short% of Float of 11.59.
