Investors Should Take Note Of Evolv Technologies Holdings Inc (EVLV)

Evolv Technologies Holdings Inc (EVLV) concluded trading on Thursday at a closing price of $3.95, with 5.96 million shares of worth about $23.54 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.58% during that period and on January 23, 2025 the price saw a gain of about 22.67%. Currently the company’s common shares owned by public are about 157.47M shares, out of which, 108.48M shares are available for trading.

Stock saw a price change of 27.01% in past 5 days and over the past one month there was a price change of 13.51%. Year-to-date (YTD), EVLV shares are showing a performance of 0.00% which decreased to -14.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.01 but also hit the highest price of $5.73 during that period. The average intraday trading volume for Evolv Technologies Holdings Inc shares is 2.55 million. The stock is currently trading 11.22% above its 20-day simple moving average (SMA20), while that difference is up 12.55% for SMA50 and it goes to 16.26% higher than SMA200.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) currently have 157.47M outstanding shares and institutions hold larger chunk of about 45.46% of that.

The stock has a current market capitalization of $622.32M and its 3Y-monthly beta is at 1.61. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 1.50 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EVLV, volatility over the week remained 5.21% while standing at 6.50% over the month.

Analysts are in expectations that Evolv Technologies Holdings Inc (EVLV) stock would likely to be making an EPS of -0.06 in the current quarter, while forecast for next quarter EPS is -0.05 and it is -0.12 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.07 which is -0.06 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.08 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 25.00% while it is estimated to increase by 53.70% in next year.

Coverage by Craig Hallum stated Evolv Technologies Holdings Inc (EVLV) stock as a Buy in their note to investors on May 20, 2024, suggesting a price target of $5.75 for the stock. On May 10, 2024, Lake Street Downgrade their recommendations, while on November 21, 2023, Lake Street Initiated their ratings for the stock with a price target of $6. Stock get a Buy rating from Craig Hallum on April 28, 2023.

Most Popular

Related Posts