Evolv Technologies Holdings Inc (NASDAQ: EVLV) on Friday, soared 10.23% from the previous trading day, before settling in for the closing price of $2.15. Within the past 52 weeks, EVLV’s price has moved between $2.01 and $5.73.
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Annual sales at Industrials sector company grew by 190.18% over the past five years. The company achieved an average annual earnings per share of 25.93%. With a float of $107.85 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 Updates
Observing investor behavior towards Security & Protection Services industry stocks is more important than anything else. The insider ownership of Evolv Technologies Holdings Inc is 31.54%, while institutional ownership is 40.07%. 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
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
Evolv Technologies Holdings Inc (EVLV) is currently performing well based on its current performance indicators. A quick ratio of 1.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.61.
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)
Evolv Technologies Holdings Inc (NASDAQ: EVLV) saw its 5-day average volume 5.71 million, a positive change from its year-to-date volume of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 8.29%. Additionally, its Average True Range was 0.34.
During the past 100 days, Evolv Technologies Holdings Inc’s (EVLV) raw stochastic average was set at 13.15%, which indicates a significant decrease from 13.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 217.57% in the past 14 days, which was higher than the 108.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.84, while its 200-day Moving Average is $3.65. Nevertheless, the first resistance level for the watch stands at $2.45 in the near term. At $2.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.66. If the price goes on to break the first support level at $2.24, it is likely to go to the next support level at $2.10. Assuming the price breaks the second support level, the third support level stands at $2.03.
Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats
Market capitalization of the company is 411.60 million based on 157,550K outstanding shares. Right now, sales total 80,420 K and income totals -106,250 K. The company made 25,540 K in profit during its latest quarter, and 3,460 K in sales during its previous quarter.
