Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $3.52 in the prior trading day, Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed at $3.46, down -1.70%. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 1.25 million shares were traded.
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.
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:
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 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:
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 3.56.
Stock Price History:
Over the past 52 weeks, EVLV has reached a high of $5.28, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -7.97%, while the 200-Day Moving Average is calculated to be 2.20%.
Shares Statistics:
A total of 157.47M shares are outstanding, with a floating share count of 108.42M. Insiders hold about 31.19% of the company’s shares, while institutions hold 42.79% stake in the company.
