Evolv Technologies Holdings Inc (EVLV) kicked off at the price of $3.48: Venture capitalists have an exciting new opportunity

Evolv Technologies Holdings Inc (NASDAQ: EVLV) kicked off on Monday, down -2.38% from the previous trading day, before settling in for the closing price of $3.57. Over the past 52 weeks, EVLV has traded in a range of $2.01-$8.30.

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During the last 5-year period, the sales growth of Industrials Sector giant was 190.18%. While this was happening, its average annual earnings per share was recorded 15.28%. With a float of $106.45 million, this company’s outstanding shares have now reached $151.31 million.

Let’s determine the extent of company efficiency that accounts for 293 employees.

Evolv Technologies Holdings Inc (EVLV) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Security & Protection Services Industry. The insider ownership of Evolv Technologies Holdings Inc is 31.80%, while institutional ownership is 39.23%. The most recent insider transaction that took place on Jun 13 ’24, was worth 18,377. In this transaction Director of this company sold 7,754 shares at a rate of $2.37, taking the stock ownership to the 81,086 shares. Before that another transaction happened on Jun 03 ’24, when Company’s Chief Financial Officer sold 186,483 for $2.73, making the entire transaction worth $509,099. This insider now owns 467,827 shares in total.

Evolv Technologies Holdings Inc (EVLV) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.1 earnings per share (EPS), higher than consensus estimate (set at -0.11) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 15.28% per share during the next fiscal year.

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

Take a look at Evolv Technologies Holdings Inc’s (EVLV) current performance indicators. Last quarter, stock had a quick ratio of 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.18 in one year’s time.

Technical Analysis of Evolv Technologies Holdings Inc (EVLV)

Looking closely at Evolv Technologies Holdings Inc (NASDAQ: EVLV), its last 5-days average volume was 1.34 million, which is a drop from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 75.60%. Additionally, its Average True Range was 0.23.

During the past 100 days, Evolv Technologies Holdings Inc’s (EVLV) raw stochastic average was set at 45.11%, which indicates a significant decrease from 85.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.56% in the past 14 days, which was lower than the 108.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.74, while its 200-day Moving Average is $3.85. However, in the short run, Evolv Technologies Holdings Inc’s stock first resistance to watch stands at $3.58. Second resistance stands at $3.68. The third major resistance level sits at $3.76. If the price goes on to break the first support level at $3.41, it is likely to go to the next support level at $3.34. Now, if the price goes above the second support level, the third support stands at $3.23.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats

The company with the Market Capitalisation of 543.97 million has total of 156,087K Shares Outstanding. Its annual sales at the moment are 80,420 K in contrast with the sum of -106,250 K annual income. Company’s last quarter sales were recorded 21,670 K and last quarter income was -11,640 K.