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The closing price of Evolv Technologies Holdings Inc (NASDAQ: EVLV) was $3.83 for the day, down -2.79% from the previous closing price of $3.94. In other words, the price has decreased by -$2.79 from its previous closing price. On the day, 0.92 million shares were traded. EVLV stock price reached its highest trading level at $3.95 during the session, while it also had its lowest trading level at $3.79.
Ratios:
Our analysis of EVLV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on November 21, 2023, initiated with a Buy rating and assigned the stock a target price of $6.
On April 28, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $6.
On February 08, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.40.Cantor Fitzgerald initiated its Overweight rating on February 08, 2023, with a $5.40 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’24 when Chitkara Anil sold 50,000 shares for $5.00 per share. The transaction valued at 250,000 led to the insider holds 1,200,157 shares of the business.
Gonzales David Mounts bought 50,000 shares of EVLV for $193,000 on Mar 06 ’24. The Director now owns 50,000 shares after completing the transaction at $3.86 per share. On Mar 04 ’24, another insider, George Peter Gustav, who serves as the President & CEO of the company, sold 132,173 shares for $3.63 each. As a result, the insider received 479,788 and left with 947,587 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 595867584 and an Enterprise Value of 465799488. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.41 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 5.792 whereas that against EBITDA is -5.971.
Stock Price History:
The Beta on a monthly basis for EVLV is 1.37, which has changed by 0.20440257 over the last 52 weeks, in comparison to a change of 0.2006725 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 $2.96. The 50-Day Moving Average of the stock is -10.33%, while the 200-Day Moving Average is calculated to be -21.60%.
Shares Statistics:
EVLV traded an average of 1.62M shares per day over the past three months and 1035010 shares per day over the past ten days. A total of 151.31M shares are outstanding, with a floating share count of 105.21M. Insiders hold about 32.38% of the company’s shares, while institutions hold 39.13% stake in the company. Shares short for EVLV as of 1711584000 were 7871493 with a Short Ratio of 4.85, compared to 1709164800 on 7920392. Therefore, it implies a Short% of Shares Outstanding of 7871493 and a Short% of Float of 6.29.
