Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $3.54, but opened at $3.46. Evolv Technologies shares last traded at $3.39, with a volume of 721,441 shares changing hands.
Evolv Technologies Price Performance
The firm has a market capitalization of $513.61 million, a P/E ratio of -23.28 and a beta of 1.66. The firm's fifty day moving average price is $3.70 and its 200-day moving average price is $3.67.
Hedge Funds Weigh In On Evolv Technologies
Several hedge funds have recently modified their holdings of the company. Autumn Glory Partners LLC bought a new position in Evolv Technologies during the fourth quarter valued at about $40,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Evolv Technologies in the 4th quarter worth approximately $40,000. Cibc World Markets Corp bought a new stake in shares of Evolv Technologies in the 4th quarter worth approximately $49,000. Virtu Financial LLC acquired a new stake in Evolv Technologies during the third quarter valued at approximately $63,000. Finally, Clare Market Investments LLC bought a new stake in Evolv Technologies during the fourth quarter worth approximately $71,000. 66.65% of the stock is currently owned by institutional investors and hedge funds.
About Evolv Technologies
(
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Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.
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