Evolv Technologies Holdings Inc (NASDAQ:EVLV) price closed lower on Friday, April 12, dropping -6.25% below its previous close.
A look at the daily price movement shows that the last close reads $4.32. The company’s 5Y monthly beta was ticking 1.35. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.30 and 52-week low of $2.96. The stock added 13.45% on its value in the past month.
Evolv Technologies Holdings Inc, which has a market valuation of $616.33 million, is expected to release its quarterly earnings report May 09, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give EVLV a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that EVLV’s price is at present -1.72% off the SMA20 and -6.28% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.25, with weekly volatility standing at 6.05%. The indicator jumps to 7.02% when calculated based on the past 30 days. Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s beta value is holding at 1.34, while the average true range (ATR) indicator is currently reading 0.31. An analysis of the Evolv Technologies Holdings Inc (NASDAQ:EVLV) stock in terms of its daily trading volume indicates that the 3-month average is 1.62 million.
Current records show that the company has 151.31M in outstanding shares. The insiders’ percentage holdings are 32.38% of outstanding shares while the percentage share held by institutions stands at 40.00%. But the -14.19% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
