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The price of Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $3.94 in the last session, down -1.99% from day before closing price of $4.02. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 1.17 million shares were traded. EVLV stock price reached its highest trading level at $4.06 during the session, while it also had its lowest trading level at $3.8.
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.
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:
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 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 620747008 and an Enterprise Value of 566612160. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.96 while its Price-to-Book (P/B) ratio in mrq is 4.05. Its current Enterprise Value per Revenue stands at 6.351 whereas that against EBITDA is -7.954.
Stock Price History:
Over the past 52 weeks, EVLV has reached a high of $7.09, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 26.64%, while the 200-Day Moving Average is calculated to be 4.26%.
Shares Statistics:
According to the various share statistics, EVLV traded on average about 1.50M shares per day over the past 3-months and 1613120 shares per day over the past 10 days. A total of 151.31M shares are outstanding, with a floating share count of 107.39M. Insiders hold about 31.84% of the company’s shares, while institutions hold 39.32% stake in the company. Shares short for EVLV as of 1723680000 were 13493224 with a Short Ratio of 8.98, compared to 1721001600 on 12208264. Therefore, it implies a Short% of Shares Outstanding of 13493224 and a Short% of Float of 10.27.
