A new trading day began on Friday, with Evolv Technologies Holdings Inc (NASDAQ: EVLV) stock price down -3.48% from the previous day of trading, before settling in for the closing price of $3.74. EVLV’s price has ranged from $2.01 to $7.04 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 190.18%. Meanwhile, its annual earnings per share averaged 27.08%. With a float of $107.39 million, this company’s outstanding shares have now reached $151.31 million.
Considering the fact that the conglomerate employs 293 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Security & Protection Services Industry. The insider ownership of Evolv Technologies Holdings Inc is 31.84%, while institutional ownership is 39.35%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Evolv Technologies Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.37.
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)
Compared to the last year’s volume of 1.55 million, its volume of 1.38 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 27.97%. 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 69.88%, which indicates a significant increase from 28.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.22% in the past 14 days, which was lower than the 108.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.25, while its 200-day Moving Average is $3.78. Nevertheless, the first resistance level for the watch stands at $3.81 in the near term. At $4.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.14. If the price goes on to break the first support level at $3.49, it is likely to go to the next support level at $3.36. Now, if the price goes above the second support level, the third support stands at $3.16.
Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats
With a market capitalization of 568.76 million, the company has a total of 156,087K Shares Outstanding. Currently, annual sales are 80,420 K while annual income is -106,250 K. The company’s previous quarter sales were 25,540 K while its latest quarter income was 3,460 K.
