Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $17.48. EVI Industries shares last traded at $17.34, with a volume of 9,182 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com downgraded EVI Industries from a "buy" rating to a "hold" rating in a research report on Monday, January 13th.
Read Our Latest Stock Report on EVI
EVI Industries Stock Performance
The company has a debt-to-equity ratio of 0.15, a current ratio of 1.44 and a quick ratio of 0.79. The company has a market cap of $249.45 million, a price-to-earnings ratio of 35.06 and a beta of 0.40.
EVI Industries (NYSEAMERICAN:EVI - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The industrial products company reported $0.21 EPS for the quarter. The business had revenue of $93.63 million during the quarter. EVI Industries had a net margin of 2.11% and a return on equity of 5.65%.
Hedge Funds Weigh In On EVI Industries
A number of institutional investors and hedge funds have recently made changes to their positions in EVI. Renaissance Technologies LLC increased its stake in EVI Industries by 18.7% during the 2nd quarter. Renaissance Technologies LLC now owns 13,765 shares of the industrial products company's stock valued at $260,000 after purchasing an additional 2,168 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in EVI Industries in the 2nd quarter valued at approximately $158,000. Conestoga Capital Advisors LLC lifted its position in EVI Industries by 1.3% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 775,266 shares of the industrial products company's stock valued at $14,986,000 after acquiring an additional 9,615 shares in the last quarter. Bard Associates Inc. purchased a new stake in EVI Industries during the 3rd quarter valued at $223,000. Finally, Natixis Advisors LLC increased its holdings in shares of EVI Industries by 4.6% in the 3rd quarter. Natixis Advisors LLC now owns 33,726 shares of the industrial products company's stock worth $652,000 after purchasing an additional 1,485 shares in the last quarter. Institutional investors own 37.30% of the company's stock.
EVI Industries Company Profile
(
Get Free Report)
EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.
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