EVI Industries, Inc. (NYSEAMERICAN:EVI - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $18.63. EVI Industries shares last traded at $18.63, with a volume of 27,834 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of EVI Industries from a "buy" rating to a "hold" rating in a research note on Monday, January 13th.
Read Our Latest Report on EVI
EVI Industries Price Performance
The firm has a market cap of $218.58 million, a price-to-earnings ratio of 35.69 and a beta of 0.40. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.20.
Institutional Investors Weigh In On EVI Industries
A number of institutional investors and hedge funds have recently made changes to their positions in EVI. FMR LLC grew its holdings in shares of EVI Industries by 1,868.5% during the third quarter. FMR LLC now owns 4,252 shares of the industrial products company's stock worth $82,000 after buying an additional 4,036 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of EVI Industries by 122.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,338 shares of the industrial products company's stock valued at $84,000 after purchasing an additional 2,387 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of EVI Industries by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 138,985 shares of the industrial products company's stock valued at $2,687,000 after purchasing an additional 1,472 shares during the last quarter. State Street Corp increased its holdings in shares of EVI Industries by 1.9% in the third quarter. State Street Corp now owns 88,520 shares of the industrial products company's stock valued at $1,739,000 after purchasing an additional 1,685 shares during the period. Finally, Barclays PLC raised its stake in shares of EVI Industries by 206.6% during the third quarter. Barclays PLC now owns 7,244 shares of the industrial products company's stock worth $139,000 after purchasing an additional 4,881 shares during the last quarter. 37.30% of the stock is owned by hedge funds and other institutional investors.
About EVI Industries
(
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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