Evolv Technologies Holdings Inc (NASDAQ: EVLV) is -13.35% lower on its value in year-to-date trading and has touched a low of $3.00 and a high of $8.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EVLV stock was last observed hovering at around $4.19 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $4.09, the stock is -4.62% and -2.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -2.39% at the moment leaves the stock -15.84% off its SMA200. EVLV registered 28.62% gain for a year compared to 6-month loss of 3.81%.
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The stock witnessed a 13.93% gain in the last 1 month and extending the period to 3 months gives it a -9.11%, and is 6.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.53% over the week and 7.84% over the month.
Evolv Technologies Holdings Inc (EVLV) has around 293 employees, a market worth around $636.32M and $80.42M in sales. Profit margin for the company is -132.13%. Distance from 52-week low is 36.33% and -50.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-72.62%).
The EPS is expected to grow by 22.92% this year
The shares outstanding are 151.31M, and float is at 105.21M with Short Float at 7.48%.
Evolv Technologies Holdings Inc (EVLV) Insider Activity
The most recent transaction is an insider sale by Chitkara Anil, the company’s Founder & Chief Growth Officer. SEC filings show that Chitkara Anil sold 50,000 shares of the company’s common stock on Apr 01 ’24 at a price of $5.00 per share for a total of $0.25 million. Following the sale, the insider now owns 1.2 million shares.
Evolv Technologies Holdings Inc disclosed in a document filed with the SEC on Mar 06 ’24 that Gonzales David Mounts (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $3.86 per share for $0.19 million. Following the transaction, the insider now directly holds 50000.0 shares of the EVLV stock.
Still, SEC filings show that on Mar 04 ’24, George Peter Gustav (President & CEO) disposed off 132,173 shares at an average price of $3.63 for $0.48 million. The insider now directly holds 947,587 shares of Evolv Technologies Holdings Inc (EVLV).
