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After finishing at $3.82 in the prior trading day, Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $3.79, down -0.79%. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 4.28 million shares were traded. EVLV stock price reached its highest trading level at $4.035 during the session, while it also had its lowest trading level at $3.45.
Ratios:
Our goal is to gain a better understanding of EVLV by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 597114496 and an Enterprise Value of 542979648. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.69 while its Price-to-Book (P/B) ratio in mrq is 3.90. Its current Enterprise Value per Revenue stands at 6.086 whereas that against EBITDA is -7.622.
Stock Price History:
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 2.19%, while the 200-Day Moving Average is calculated to be 0.95%.
Shares Statistics:
The stock has traded on average 1.51M shares per day over the past 3-months and 1257960 shares per day over the last 10 days, according to various share statistics. A total of 151.31M shares are outstanding, with a floating share count of 107.85M. Insiders hold about 31.54% of the company’s shares, while institutions hold 39.39% stake in the company. Shares short for EVLV as of 1726185600 were 14587986 with a Short Ratio of 9.66, compared to 1723680000 on 13493224. Therefore, it implies a Short% of Shares Outstanding of 14587986 and a Short% of Float of 11.1.
