Evolv Technologies Holdings Inc (EVLV) with a beta value of 1.24 appears to be a promising investment opportunity.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) kicked off on Monday, up 5.01% from the previous trading daybefore settling in for the closing price of $3.99. Over the past 52 weeks, EVLV has traded in a range of $2.01-$6.09.

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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%. While this was happening, its average annual earnings per share was recorded 27.08%. With a float of $107.85 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

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 31.54%, 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

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

Take a look at Evolv Technologies Holdings Inc’s (EVLV) current performance indicators. Last quarter, 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 7.40.

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 1.54 million, its volume of 1.34 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.80%. 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 95.22%, which indicates a significant increase from 91.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.96% in the past 14 days, which was lower than the 107.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.43, while its 200-day Moving Average is $3.77. Nevertheless, the first resistance level for the watch stands at $4.33 in the near term. At $4.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.72. 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 $3.69. Now, if the price goes above the second support level, the third support stands at $3.55.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats

The company with the Market Capitalisation of 660.13 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 25,540 K and last quarter income was 3,460 K.