6.23% volatility in Evolv Technologies Holdings Inc (EVLV) last month: This is a red flag warning

A new trading day began on Friday, with Evolv Technologies Holdings Inc (NASDAQ: EVLV) stock price down -6.27% from the previous day of trading, before settling in for the closing price of $3.83. EVLV’s price has ranged from $2.01 to $5.28 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 190.18% over the past five years. Meanwhile, its annual earnings per share averaged 25.00%. With a float of $108.39 million, this company’s outstanding shares have now reached $157.47 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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Security & Protection Services Industry. The insider ownership of Evolv Technologies Holdings Inc is 31.20%, while institutional ownership is 42.79%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 25.00% per share during the next fiscal year.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Trading Performance Indicators

Here are Evolv Technologies Holdings Inc’s current performance indicators. According to the last quarter’s results, the 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 6.34.

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)

Evolv Technologies Holdings Inc (NASDAQ: EVLV) saw its 5-day average volume 1.0 million, a negative change from its year-to-date volume of 1.48 million. As of the previous 9 days, the stock’s Stochastic %D was 12.40%. Additionally, its Average True Range was 0.23.

During the past 100 days, Evolv Technologies Holdings Inc’s (EVLV) raw stochastic average was set at 59.39%, which indicates a significant increase from 1.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.47% in the past 14 days, which was lower than the 110.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.80, while its 200-day Moving Average is $3.39. Nevertheless, the first resistance level for the watch stands at $3.82 in the near term. At $4.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.17. If the price goes on to break the first support level at $3.47, it is likely to go to the next support level at $3.35. Assuming the price breaks the second support level, the third support level stands at $3.12.

Evolv Technologies Holdings Inc (NASDAQ: EVLV) Key Stats

With a market capitalization of 565.60 million, the company has a total of 157,550K Shares Outstanding. Currently, annual sales are 80,420 K while annual income is -106,250 K. The company’s previous quarter sales were 25,540 K while its latest quarter income was 3,460 K.