On Friday, Evolv Technologies Holdings Inc (NASDAQ: EVLV) opened lower -39.76% from the last session, before settling in for the closing price of $4.10. Price fluctuations for EVLV have ranged from $2.01 to $5.73 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 190.18% annually for the last half of the decade. Company’s average yearly earnings per share was noted 25.93% at the time writing. With a float of $107.85 million, this company’s outstanding shares have now reached $151.31 million.
In an organization with 293 employees, it is important to assess its efficiency. 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 Updates
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 31.54%, while institutional ownership is 40.06%. 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) Performance Highlights and Predictions
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 25.93% 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 4.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of Evolv Technologies Holdings Inc (EVLV)
Let’s dig in a bit further. During the last 5-days, its volume was 5.18 million. That was better than the volume of 1.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.28%. Additionally, its Average True Range was 0.37.
During the past 100 days, Evolv Technologies Holdings Inc’s (EVLV) raw stochastic average was set at 13.69%, which indicates a significant increase from 12.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 217.34% in the past 14 days, which was higher than the 107.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.95, while its 200-day Moving Average is $3.70. However, in the short run, Evolv Technologies Holdings Inc’s stock first resistance to watch stands at $2.73. Second resistance stands at $2.98. The third major resistance level sits at $3.26. If the price goes on to break the first support level at $2.20, it is likely to go to the next support level at $1.92. Assuming the price breaks the second support level, the third support level stands at $1.67.
Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats
There are currently 156,087K shares outstanding in the company with a market cap of 389.15 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.
