Evolv Technologies Holdings Inc [NASDAQ: EVLV] closed the trading session at $2.99.
The stocks have a year to date performance of -36.65 percent and weekly performance of 19.12 percent. The stock has been moved at 11.57 percent over the last six months. The stock has performed -29.65 percent around the most recent 30 days and changed -26.54 percent over the most recent 3-months.
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If compared to the average trading volume of 2.21M shares, EVLV reached to a volume of 3647565 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Evolv Technologies Holdings Inc [EVLV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVLV shares is $4.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVLV stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Evolv Technologies Holdings Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on October 28, 2024. While these analysts kept the previous recommendation, Craig Hallum dropped their target price from $8.50 to $5.75. The new note on the price target was released on May 20, 2024, representing the official price target for Evolv Technologies Holdings Inc stock. Previously, the target price had yet another drop from $6 to $3.50, while Lake Street kept a Hold rating on EVLV stock.
The Average True Range (ATR) for Evolv Technologies Holdings Inc is set at 0.26, with the Price to Sales ratio for EVLV stock in the period of the last 12 months amounting to 5.28. The Price to Book ratio for the last quarter was 3.08, with the Price to Cash per share for the same quarter was set at 0.36.
EVLV stock trade performance evaluation
Evolv Technologies Holdings Inc [EVLV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.12. With this latest performance, EVLV shares dropped by -29.65% in over the last four-week period, additionally plugging by 11.57% over the last 6 months – not to mention a drop of -26.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EVLV stock in for the last two-week period is set at 52.33, with the RSI for the last a single of trading hit 61.32, and the three-weeks RSI is set at 48.66 for Evolv Technologies Holdings Inc [EVLV]. The present Moving Average for the last 50 days of trading for this stock 3.46, while it was recorded at 2.72 for the last single week of trading, and 3.51 for the last 200 days.
Evolv Technologies Holdings Inc [EVLV]: An insightful look at the core fundamentals
Evolv Technologies Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.74.
Earnings per share (EPS) analysis for Evolv Technologies Holdings Inc [EVLV] stock
With the latest financial reports released by the company, Evolv Technologies Holdings Inc posted -0.08/share EPS, while the average EPS was predicted by analysts to be reported at -0.09/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVLV.
Evolv Technologies Holdings Inc [EVLV]: Institutional Ownership
There are presently around $61.49%, or 74.15%% of EVLV stock, in the hands of institutional investors. The top three institutional holders of EVLV stocks are: GENERAL CATALYST GROUP MANAGEMENT, LLC with ownership of 10.8 million shares, which is approximately 7.0528%. DATA COLLECTIVE IV GP, LLC, holding 9.68 million shares of the stock with an approximate value of $$24.69 million in EVLV stocks shares; and DATA COLLECTIVE IV GP, LLC, currently with $$22.02 million in EVLV stock with ownership which is approximately 5.6403%.
