Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report)'s stock price shot up 4.9% on Friday . The stock traded as high as $3.58 and last traded at $3.70. 51,271 shares traded hands during trading, a decline of 97% from the average session volume of 1,722,579 shares. The stock had previously closed at $3.53.
Evolv Technologies Stock Up 6.9 %
The firm has a market cap of $655.41 million, a PE ratio of -29.71 and a beta of 1.68. The firm's fifty day simple moving average is $3.26 and its two-hundred day simple moving average is $3.46.
Evolv Technologies (NASDAQ:EVLV - Get Free Report) last released its earnings results on Monday, April 28th. The company reported ($0.10) EPS for the quarter. Evolv Technologies had a negative return on equity of 28.57% and a negative net margin of 21.42%. As a group, analysts anticipate that Evolv Technologies Holdings, Inc. will post -0.27 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Evolv Technologies
Several hedge funds have recently modified their holdings of EVLV. Autumn Glory Partners LLC purchased a new stake in Evolv Technologies during the fourth quarter valued at $40,000. B. Riley Wealth Advisors Inc. purchased a new stake in Evolv Technologies during the fourth quarter valued at $40,000. Cibc World Markets Corp purchased a new stake in Evolv Technologies during the fourth quarter valued at $49,000. Teacher Retirement System of Texas purchased a new stake in Evolv Technologies during the first quarter valued at $50,000. Finally, Virtu Financial LLC purchased a new stake in Evolv Technologies during the third quarter valued at $63,000. Hedge funds and other institutional investors own 66.65% of the company's stock.
About Evolv Technologies
(
Get Free Report)
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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