Evolv Technologies Holdings Inc (EVLV)’s latest performance is not what we had anticipated

On Monday, Evolv Technologies Holdings Inc (NASDAQ: EVLV) was 8.74% up from the session before settling in for the closing price of $3.09. A 52-week range for EVLV has been $2.01 – $5.73.

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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. When this article was written, the company’s average yearly earnings per share was at 25.93%. With a float of $107.68 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Evolv Technologies Holdings Inc stocks. The insider ownership of Evolv Technologies Holdings Inc is 31.66%, while institutional ownership is 47.14%. 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) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.08 earnings per share (EPS) during the time that was better than consensus figure (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

You can see what Evolv Technologies Holdings Inc (EVLV) is doing with its current performance indicators. In the most recent 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 6.13.

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 2.18 million. That was better than the volume of 1.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.91%. 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 52.59%, which indicates a significant decrease from 97.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.59% in the past 14 days, which was lower than the 112.31% 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 $3.49. However, in the short run, Evolv Technologies Holdings Inc’s stock first resistance to watch stands at $3.46. Second resistance stands at $3.57. The third major resistance level sits at $3.74. If the price goes on to break the first support level at $3.18, it is likely to go to the next support level at $3.01. Assuming the price breaks the second support level, the third support level stands at $2.90.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats

There are 157,550K outstanding shares of the company, which has a market capitalization of 547.07 million. As of now, sales total 80,420 K while income totals -106,250 K. Its latest quarter income was 25,540 K while its last quarter net income were 3,460 K.