Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $3.96 in the last session, down -1.25% from day before closing price of $4.01. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 1.22 million shares were traded. EVLV stock price reached its highest trading level at $4.1 during the session, while it also had its lowest trading level at $3.86.
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:
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 623897984 and an Enterprise Value of 569763136. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.99 while its Price-to-Book (P/B) ratio in mrq is 4.07. Its current Enterprise Value per Revenue stands at 6.386 whereas that against EBITDA is -7.998.
Stock Price History:
The Beta on a monthly basis for EVLV is 1.66, which has changed by -0.08237988 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. 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 10.03%, while the 200-Day Moving Average is calculated to be 16.82%.
Shares Statistics:
According to the various share statistics, EVLV traded on average about 2.34M shares per day over the past 3-months and 2040990 shares per day over the past 10 days. A total of 157.47M shares are outstanding, with a floating share count of 108.48M. Insiders hold about 31.15% of the company’s shares, while institutions hold 45.47% stake in the company. Shares short for EVLV as of 1736899200 were 16144757 with a Short Ratio of 6.89, compared to 1734048000 on 14793865. Therefore, it implies a Short% of Shares Outstanding of 16144757 and a Short% of Float of 12.29.
