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Evolv Technologies Holdings Inc (NASDAQ: EVLV) closed the day trading at $3.48 down -2.38% from the previous closing price of $3.57. In other words, the price has decreased by -$2.38 from its previous closing price. On the day, 1.45 million shares were traded. EVLV stock price reached its highest trading level at $3.61 during the session, while it also had its lowest trading level at $3.435.
Ratios:
For a better understanding of EVLV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 Jun 13 ’24 when Saintil Merline sold 7,754 shares for $2.37 per share. The transaction valued at 18,377 led to the insider holds 81,086 shares of the business.
Donohue Mark sold 186,483 shares of EVLV for $509,099 on Jun 03 ’24. The Chief Financial Officer now owns 467,827 shares after completing the transaction at $2.73 per share. On Apr 01 ’24, another insider, Chitkara Anil, who serves as the Founder & Chief Growth Officer of the company, sold 50,000 shares for $5.00 each. As a result, the insider received 250,000 and left with 1,200,157 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 543963200 and an Enterprise Value of 465643776. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.51 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 5.576 whereas that against EBITDA is -6.105.
Stock Price History:
Over the past 52 weeks, EVLV has reached a high of $8.30, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 28.05%, while the 200-Day Moving Average is calculated to be -9.51%.
Shares Statistics:
Over the past 3-months, EVLV traded about 1.64M shares per day on average, while over the past 10 days, EVLV traded about 1856880 shares per day. A total of 151.31M shares are outstanding, with a floating share count of 106.45M. Insiders hold about 31.80% of the company’s shares, while institutions hold 39.23% stake in the company. Shares short for EVLV as of 1721001600 were 12208264 with a Short Ratio of 7.42, compared to 1718323200 on 11116968. Therefore, it implies a Short% of Shares Outstanding of 12208264 and a Short% of Float of 9.4.
