On Monday, Evolv Technologies Holdings Inc (NASDAQ: EVLV) opened higher 3.88% from the last session, before settling in for the closing price of $2.58. Price fluctuations for EVLV have ranged from $2.01 to $5.73 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 190.18%. Company’s average yearly earnings per share was noted 25.93% at the time writing. With a float of $107.68 million, this company’s outstanding shares have now reached $151.31 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 31.66%, while institutional ownership is 47.31%. The most recent insider transaction that took place on Nov 04 ’24, was worth 178,919. In this transaction Chief Commercial Officer of this company sold 80,959 shares at a rate of $2.21, taking the stock ownership to the 175,148 shares. Before that another transaction happened on Aug 14 ’24, when Company’s Director bought 8,333 for $3.00, making the entire transaction worth $24,999. This insider now owns 162,355 shares in total.
Evolv Technologies Holdings Inc (EVLV) Earnings and Forecasts
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 4.86.
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)
Looking closely at Evolv Technologies Holdings Inc (NASDAQ: EVLV), its last 5-days average volume was 2.85 million, which is a jump from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 80.66%. Additionally, its Average True Range was 0.26.
During the past 100 days, Evolv Technologies Holdings Inc’s (EVLV) raw stochastic average was set at 25.50%, which indicates a significant decrease from 89.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.92% in the past 14 days, which was lower than the 109.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.53, while its 200-day Moving Average is $3.53. However, in the short run, Evolv Technologies Holdings Inc’s stock first resistance to watch stands at $2.78. Second resistance stands at $2.87. The third major resistance level sits at $2.99. If the price goes on to break the first support level at $2.56, it is likely to go to the next support level at $2.44. Should the price break the second support level, the third support level stands at $2.35.
Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats
There are currently 157,550K shares outstanding in the company with a market cap of 434.01 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.
