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The price of Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $3.27 in the last session, up 4.14% from day before closing price of $3.14. In other words, the price has increased by $4.14 from its previous closing price. On the day, 1.46 million shares were traded. EVLV stock price reached its highest trading level at $3.31 during the session, while it also had its lowest trading level at $3.1.
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 1.64 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:
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 Jun 13 ’24 when Saintil Merline sold 7,754 shares for $2.37 per share. The transaction valued at 18,377 led to the insider holds 81,086 shares of the business.
Donohue Mark sold 186,483 shares of EVLV for $509,099 on Jun 03 ’24. The Chief Financial Officer now owns 467,827 shares after completing the transaction at $2.73 per share. On Apr 01 ’24, another insider, Chitkara Anil, who serves as the Founder & Chief Growth Officer of the company, sold 50,000 shares for $5.00 each. As a result, the insider received 250,000 and left with 1,200,157 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 510404512 and an Enterprise Value of 432085184. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.11 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 5.174 whereas that against EBITDA is -5.665.
Stock Price History:
The Beta on a monthly basis for EVLV is 1.27, which has changed by -0.47001618 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. 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 19.68%, while the 200-Day Moving Average is calculated to be -16.37%.
Shares Statistics:
According to the various share statistics, EVLV traded on average about 1.51M shares per day over the past 3-months and 1109680 shares per day over the past 10 days. A total of 151.31M shares are outstanding, with a floating share count of 106.45M. Insiders hold about 31.80% of the company’s shares, while institutions hold 39.08% stake in the company. Shares short for EVLV as of 1719532800 were 11139830 with a Short Ratio of 7.40, compared to 1717113600 on 9393177. Therefore, it implies a Short% of Shares Outstanding of 11139830 and a Short% of Float of 8.58.
