It’s Not Over Yet For Evolv Technologies Holdings Inc (NASDAQ: EVLV)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Evolv Technology Chosen as ASM Global’s Preferred Patron Screening Technology Provider.

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Stocks Info

Evolv Technologies Holdings Inc is listed on the NASDAQ as a member of the Industrials sector and is a part of the Security & Protection Services industry. At the end of the last regular session, the stock closed at $5.07 and fluctuated between $5.15 as its day high and $4.60 as its day low. The current market capitalization of Evolv Technologies Holdings Inc is $766.23M. A total of 1.45 million shares were traded on the day, compared to an average of 955.37K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, EVLV has seen 1 BUY and 3 SELL insider trades, representing the acquisition of 10,000 and the disposition of 51,667 shares. Over the last 12 months, there were 23 BUYs and 28 SELLs from insiders. Insiders purchased 1,079,512 shares during that period but sold 1,072,494.

In the most recent transaction, Ellenbogen Michael sold 41,667 shares of EVLV for 4.22 per share on Jan 16. After the transaction, the Founder & Chief Innovation Ofc now owns 2,030,346 company shares. In a previous transaction on Jan 03, George Peter Gustav sold 915 shares at 4.53 per share. EVLV shares that President & CEO owns now total 736,208.

Among the insiders who sold shares, Ellenbogen Michael disposed of 915 shares on Jan 03 at a per-share price of $4.53. This resulted in the Founder & Chief Innovation Ofc holding 2,072,013 shares of EVLV after the transaction. In another insider transaction, Chitkara Anil sold 915 shares at $4.53 per share on Jan 03. Company shares held by the Founder & Chief Growth Officer now total 1,133,058.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for EVLV in the last 3 months, the mean price target is $7.75 with high estimates of $8.50 and low estimates of $6.00. In terms of 52-week highs and lows, EVLV has a high of $8.30 and a low of $2.41.

As of this writing, EVLV has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.09. The company reported an EPS of -$0.1 in the last quarter, which was 9.10% higher than expectations of -$0.11.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EVLV’s latest balance sheet shows that the firm has $307.70M in Cash & Short Term Investments as of fiscal 2021. There were $9.95M in debt and $24.33M in liabilities at the time. Its Book Value Per Share was $1.04, while its Total Shareholder’s Equity was $290.27M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EVLV is Buy with a score of 5.00.

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