Recent developments with Evolv Technologies Holdings Inc (EVLV) have led to the company’s beta value being reach 1.37 cents.

On Tuesday, Evolv Technologies Holdings Inc (NASDAQ: EVLV) opened higher 7.99% from the last session, before settling in for the closing price of $3.88. Price fluctuations for EVLV have ranged from $3.00 to $8.30 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 190.18%. Company’s average yearly earnings per share was noted 22.92% at the time writing. With a float of $105.21 million, this company’s outstanding shares have now reached $151.31 million.

The extent of productivity of a business whose workforce counts for 293 workers is very important to gauge.

Evolv Technologies Holdings Inc (EVLV) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Security & Protection Services industry is another important factor to consider. The insider ownership of Evolv Technologies Holdings Inc is 32.38%, while institutional ownership is 39.14%. The most recent insider transaction that took place on Apr 01 ’24, was worth 250,000. In this transaction Founder & Chief Growth Officer of this company sold 50,000 shares at a rate of $5.00, taking the stock ownership to the 1,200,157 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Director bought 50,000 for $3.86, making the entire transaction worth $193,000. This insider now owns 50,000 shares in total.

Evolv Technologies Holdings Inc (EVLV) Latest Financial update

If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.15) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 22.92% per share during the next fiscal year.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Trading Performance Indicators

Check out the current performance indicators for Evolv Technologies Holdings Inc (EVLV). In the past quarter, the stock posted a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.12 in one year’s time.

Technical Analysis of Evolv Technologies Holdings Inc (EVLV)

The latest stats from [Evolv Technologies Holdings Inc, EVLV] show that its last 5-days average volume of 0.99 million was inferior to 1.47 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 29.72%. Additionally, its Average True Range was 0.28.

During the past 100 days, Evolv Technologies Holdings Inc’s (EVLV) raw stochastic average was set at 35.56%, which indicates a significant increase from 30.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.83% in the past 14 days, which was lower than the 81.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.21, while its 200-day Moving Average is $4.86. Now, the first resistance to watch is $4.32. This is followed by the second major resistance level at $4.44. The third major resistance level sits at $4.70. If the price goes on to break the first support level at $3.94, it is likely to go to the next support level at $3.68. The third support level lies at $3.56 if the price breaches the second support level.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats

There are currently 155,579K shares outstanding in the company with a market cap of 651.88 million. Presently, the company’s annual sales total 80,420 K according to its annual income of -106,250 K. Last quarter, the company’s sales amounted to 21,820 K and its income totaled -16,890 K.