The stock of Evolv Technologies Holdings Inc (EVLV) has gone up by 25.24% for the week, with a 11.93% rise in the past month and a -9.42% drop in the past quarter. The volatility ratio for the week is 4.72%, and the volatility levels for the past 30 days are 6.32% for EVLV. The simple moving average for the past 20 days is 9.76% for EVLV’s stock, with a 14.65% simple moving average for the past 200 days.
Is It Worth Investing in Evolv Technologies Holdings Inc (NASDAQ: EVLV) Right Now?
Additionally, the 36-month beta value for EVLV is 1.61. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for EVLV is 108.48M and currently, short sellers hold a 15.19% ratio of that float. The average trading volume of EVLV on January 23, 2025 was 2.55M shares.
EVLV) stock’s latest price update
Evolv Technologies Holdings Inc (NASDAQ: EVLV)’s stock price has plunge by 20.96relation to previous closing price of 3.22. Nevertheless, the company has seen a 25.24% surge in its stock price over the last five trading sessions. accesswire.com reported 2024-12-31 that NEW YORK, NY / ACCESSWIRE / December 31, 2024 / If you suffered a loss on your Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/evolv-technologies-holdings-inc-lawsuit-submission-form-2?prid=119813&wire=1 or contact Joseph E. Levi, Esq.
Analysts’ Opinion of EVLV
Craig Hallum, on the other hand, stated in their research note that they expect to see EVLV reach a price target of $5.75, previously predicting the price at $8.50. The rating they have provided for EVLV stocks is “Buy” according to the report published on May 20th, 2024.
Lake Street gave a rating of “Hold” to EVLV, setting the target price at $3.50 in the report published on May 10th of the previous year.
EVLV Trading at 11.02% from the 50-Day Moving Average
After a stumble in the market that brought EVLV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.02% of loss for the given period.
Volatility was left at 6.32%, however, over the last 30 days, the volatility rate increased by 4.72%, as shares surge +1.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +49.61% upper at present.
During the last 5 trading sessions, EVLV rose by +23.63%, which changed the moving average for the period of 200-days by -16.95% in comparison to the 20-day moving average, which settled at $3.55. In addition, Evolv Technologies Holdings Inc saw -1.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EVLV starting from Muelhoefer Jay, who sale 80,959 shares at the price of $2.21 back on Nov 04 ’24. After this action, Muelhoefer Jay now owns 175,148 shares of Evolv Technologies Holdings Inc, valued at $178,919 using the latest closing price.
Glat Neil, the Director of Evolv Technologies Holdings Inc, purchase 8,333 shares at $3.00 during a trade that took place back on Aug 14 ’24, which means that Glat Neil is holding 162,355 shares at $24,999 based on the most recent closing price.
Stock Fundamentals for EVLV
Current profitability levels for the company are sitting at:
- -0.97 for the present operating margin
- 0.54 for the gross margin
The net margin for Evolv Technologies Holdings Inc stands at -0.21. The total capital return value is set at -0.46. Equity return is now at value -12.83, with -6.62 for asset returns.
Based on Evolv Technologies Holdings Inc (EVLV), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -16.92.
Currently, EBITDA for the company is -95.62 million with net debt to EBITDA at 5.82. When we switch over and look at the enterprise to sales, we see a ratio of 6.52. The receivables turnover for the company is 2.34for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.
Conclusion
In conclusion, Evolv Technologies Holdings Inc (EVLV) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
