Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Evolv Technologies Holdings Inc’s stock clocked out at $4.28, up 8.08% from its previous closing price of $3.96. In other words, the price has increased by $8.08 from its previous closing price. On the day, 2.71 million shares were traded. EVLV stock price reached its highest trading level at $4.34 during the session, while it also had its lowest trading level at $3.9.
Ratios:
To gain a deeper understanding of EVLV’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 674314048 and an Enterprise Value of 620179136. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.56 while its Price-to-Book (P/B) ratio in mrq is 4.40. Its current Enterprise Value per Revenue stands at 6.951 whereas that against EBITDA is -8.706.
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 26.19%, while the 200-Day Moving Average is calculated to be 23.96%.
Shares Statistics:
It appears that EVLV traded 2.34M shares on average per day over the past three months and 2615450 shares per day over the past ten days. A total of 157.47M shares are outstanding, with a floating share count of 107.68M. Shares short for EVLV as of 1731628800 were 13650797 with a Short Ratio of 5.83, compared to 1728950400 on 14320855. Therefore, it implies a Short% of Shares Outstanding of 13650797 and a Short% of Float of 10.39.
