Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Get Free Report) was the target of unusually large options trading on Tuesday. Traders bought 5,513 call options on the company. This represents an increase of approximately 1,690% compared to the typical volume of 308 call options.
Evolv Technologies Stock Performance
Evolv Technologies stock traded down $0.04 during midday trading on Friday, reaching $3.07. 860,140 shares of the company's stock were exchanged, compared to its average volume of 1,757,755. Evolv Technologies has a 52 week low of $2.01 and a 52 week high of $5.28. The firm has a market cap of $483.68 million, a price-to-earnings ratio of -21.93 and a beta of 1.68. The stock's 50-day simple moving average is $3.55 and its 200 day simple moving average is $3.60.
Hedge Funds Weigh In On Evolv Technologies
Hedge funds and other institutional investors have recently bought and sold shares of the business. Autumn Glory Partners LLC acquired a new stake in Evolv Technologies during the fourth quarter worth approximately $40,000. B. Riley Wealth Advisors Inc. acquired a new stake in Evolv Technologies during the fourth quarter worth approximately $40,000. Cibc World Markets Corp acquired a new stake in Evolv Technologies during the fourth quarter worth approximately $49,000. Virtu Financial LLC acquired a new stake in Evolv Technologies during the third quarter worth approximately $63,000. Finally, Clare Market Investments LLC acquired a new stake in Evolv Technologies during the fourth quarter worth approximately $71,000. Institutional investors own 66.65% of the company's stock.
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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