On Tuesday, Evolv Technologies Holdings Inc (NASDAQ: EVLV) opened lower -8.63% from the last session, before settling in for the closing price of $3.94. Price fluctuations for EVLV have ranged from $2.01 to $7.09 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 190.18% over the past five years. Company’s average yearly earnings per share was noted 27.08% at the time writing. With a float of $107.39 million, this company’s outstanding shares have now reached $151.31 million.
Let’s look at the performance matrix of the company that is accounted for 293 employees. In terms of profitability, gross margin is 53.68%, operating margin of -97.23%, and the pretax margin is -21.32%.
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 31.84%, while institutional ownership is 39.36%. The most recent insider transaction that took place on Aug 14 ’24, was worth 24,999. In this transaction Director of this company bought 8,333 shares at a rate of $3.00, taking the stock ownership to the 162,355 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Director bought 50,000 for $3.00, making the entire transaction worth $150,000. This insider now owns 120,544 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 6/30/2024, the company posted -0.08 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.09) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.08% 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 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.17 in one year’s time.
Technical Analysis of Evolv Technologies Holdings Inc (EVLV)
Evolv Technologies Holdings Inc (NASDAQ: EVLV) saw its 5-day average volume 1.21 million, a negative change from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 50.98%. 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 67.09%, which indicates a significant increase from 47.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.71% in the past 14 days, which was lower than the 107.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.17, while its 200-day Moving Average is $3.78. Nevertheless, the first resistance level for the watch stands at $3.83 in the near term. At $4.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.20. If the price goes on to break the first support level at $3.47, it is likely to go to the next support level at $3.33. The third support level lies at $3.10 if the price breaches the second support level.
Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats
There are currently 156,087K shares outstanding in the company with a market cap of 567.18 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 25,540 K and its income totaled 3,460 K.
