A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Evolv Technologies Holdings Inc’s current trading price is 2.56% away from its 52-week high, while its distance from the 52-week low is 224.26%. The stock’s price range for this time frame has been between $2.04 and $6.45. The trading volume of the company’s shares in the Industrials reached around 2.44 million for the day, which was evidently lower than the average daily volume of 3.25 million over the last three months.
Evolv Technologies Holdings Inc (EVLV) has a current stock price of $6.61. During the previous trading session, the stock witnessed a notable rise, reaching a high of $8.25 after opening at $6.57. The stock’s low for the day was $5.5, and it eventually closed at $6.06.
The market performance of Evolv Technologies Holdings Inc has been somewhat stable.
How Financial Performance Impacts Market Capitalization
Evolv Technologies Holdings Inc (EVLV) has experienced a quarterly rise of 107.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.08B and boasts a workforce of 287 employees.
Decoding Analysts’ Ratings for Evolv Technologies Holdings Inc
As of right now, 3 analysts are rating Evolv Technologies Holdings Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
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 0.12. Similarly, the long-term debt-to-equity ratio is also 0.10.
EVLV Stock Stochastic Average
The raw stochastic average for Evolv Technologies Holdings Inc over the last 50 days is presently at 90.00%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 70.88%. Further, the company’s Stochastic %K and %D values for the last 20 days were 79.45% and 86.67%, respectively.
EVLV Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price gain of 108.68% this year. Over the last six months, there has been a weaker performance of 107.37%. The price of EVLV fallen by 15.45% during the last 30 days period. For the last 5-days stocks have improved 16.05%.
