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Evolus Inc (EOLS) – Don’t Be So Quick to Call it Dead

Evolus Inc (NASDAQ: EOLS) is 50.33% higher on its value in year-to-date trading and has touched a low of $7.44 and a high of $16.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EOLS stock was last observed hovering at around $15.84 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $15.83, the stock is 10.98% and 25.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.54 million and changing -0.06% at the moment leaves the stock 29.84% off its SMA200. EOLS registered 58.94% gain for a year compared to 6-month loss of 6.74%.

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The stock witnessed a 27.46% gain in the last 1 month and extending the period to 3 months gives it a 25.54%, and is 2.26% 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 3.30% over the week and 4.26% over the month.

Evolus Inc (EOLS) has around 273 employees, a market worth around $998.71M and $237.26M in sales. Fwd P/E is 255.32. Profit margin for the company is -22.43%. Distance from 52-week low is 112.77% and -2.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.69%).

The EPS is expected to grow by 46.44% this year

211.0 institutions hold shares in Evolus Inc (EOLS), with institutional investors hold 93.97% of the company’s shares. The shares outstanding are 57.82M, and float is at 54.45M with Short Float at 8.85%. Institutions hold 82.36% of the Float.

The top institutional shareholder in the company is PERCEPTIVE ADVISORS LLC with over 5.75 million shares valued at $62.43 million. The investor’s holdings represent 9.7858 of the EOLS Shares outstanding. As of 2024-06-30, the second largest holder is TANG CAPITAL MANAGEMENT LLC with 4.85 million shares valued at $52.59 million to account for 8.2443 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.01 million shares representing 6.8169 and valued at over $43.49 million, while VANGUARD GROUP INC holds 5.0771 of the shares totaling 2.99 million with a market value of $32.39 million.

Evolus Inc (EOLS) Insider Activity

The most recent transaction is an insider sale by MOATAZEDI DAVID, the company’s. SEC filings show that MOATAZEDI DAVID sold 175,940 shares of the company’s common stock on Jun 06 ’24 at a price of $12.59 per share for a total of $2.21 million. Following the sale, the insider now owns 0.53 million shares.

Evolus Inc disclosed in a document filed with the SEC on Jun 05 ’24 that MOATAZEDI DAVID () sold a total of 155,278 shares of the company’s common stock. The trade occurred on Jun 05 ’24 and was made at $12.92 per share for $2.01 million. Following the transaction, the insider now directly holds 0.53 million shares of the EOLS stock.

Still, SEC filings show that on Jun 04 ’24, MOATAZEDI DAVID () disposed off 140,214 shares at an average price of $12.73 for $1.78 million. The insider now directly holds 533,349 shares of Evolus Inc (EOLS).

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