Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Evolv Technologies Holdings Inc’s current trading price is -10.54% away from its 52-week high, while its distance from the 52-week low is 106.97%. The stock’s price range during this period has varied between $2.01 and $4.65. The company, active in the Industrials sector, saw a trading volume of around 1.78 million for the day, considerably higher average daily volume of 1.28 million observed over the last three months.
Evolv Technologies Holdings Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.65 on 12/06/24, while the lowest price during the same period was $2.01 on 05/10/24.
How Financial Performance Impacts Market Capitalization
Evolv Technologies Holdings Inc (EVLV) has experienced a quarterly rise of 3.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 655.41M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.57, with a change in price of +0.11. Similarly, Evolv Technologies Holdings Inc recorded 1,451,890 in trading volume during the last 100 days, posting a change of +2.72%.
How EVLV’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for EVLV stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.00.
EVLV Stock Stochastic Average
As of today, the raw stochastic average of Evolv Technologies Holdings Inc over the last 50 days is at 97.44%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 98.70%. Further, the company’s Stochastic %K and %D values for the last 20 days were 97.43% and 86.83%, respectively.
EVLV Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 5.32%.However, over the last six months, we can see a stronger performance of -2.12%. Over the last 30 days, the price of EVLV has fallen by 30.82%. And in the last five days, it has surged by 30.41%.
