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As of close of business last night, Evolv Technologies Holdings Inc’s stock clocked out at $4.18, up 1.21% from its previous closing price of $4.13. In other words, the price has increased by $1.21 from its previous closing price. On the day, 0.61 million shares were traded. EVLV stock price reached its highest trading level at $4.27 during the session, while it also had its lowest trading level at $4.125.
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.
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:
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 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 658558976 and an Enterprise Value of 604424128. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.38 while its Price-to-Book (P/B) ratio in mrq is 4.30. Its current Enterprise Value per Revenue stands at 6.775 whereas that against EBITDA is -8.485.
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 14.64%, while the 200-Day Moving Average is calculated to be 10.90%.
Shares Statistics:
It appears that EVLV traded 1.60M shares on average per day over the past three months and 1512010 shares per day over the past ten days. 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 9.12, compared to 1723680000 on 13493224. Therefore, it implies a Short% of Shares Outstanding of 14587986 and a Short% of Float of 11.1.
