For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $3.98 in the last session, down -1.00% from day before closing price of $4.02. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 1.4 million shares were traded.
Ratios:
We take a closer look at EVLV’s different ratios to gain a better understanding of the stock. 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.
Lake Street Downgraded its Buy to Hold on May 10, 2024, whereas the target price for the stock was revised from $6 to $3.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 04 ’24 when Muelhoefer Jay sold 80,959 shares for $2.21 per share. The transaction valued at 178,919 led to the insider holds 175,148 shares of the business.
Glat Neil bought 8,333 shares of EVLV for $24,999 on Aug 14 ’24. The Director now owns 162,355 shares after completing the transaction at $3.00 per share. On Aug 13 ’24, another insider, Gonzales David Mounts, who serves as the Director of the company, bought 50,000 shares for $3.00 each. As a result, the insider paid 150,000 and bolstered with 120,544 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.03 while its Price-to-Book (P/B) ratio in mrq is 4.09.
Stock Price History:
Over the past 52 weeks, EVLV has reached a high of $5.45, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 3.85%, while the 200-Day Moving Average is calculated to be 17.36%.
Shares Statistics:
A total of 157.47M shares are outstanding, with a floating share count of 108.39M. Insiders hold about 31.20% of the company’s shares, while institutions hold 42.92% stake in the company.
