The trading price of Evolv Technologies Holdings Inc (NASDAQ:EVLV) closed higher on Monday, July 15, closing at $3.14, 9.79% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $8.30 and a 52-week low of $2.01. Over the past month, the stock has gained 30.83% in value.
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Evolv Technologies Holdings Inc, whose market valuation is $490.12 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest EVLV has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that EVLV’s price is currently 28.24% off the SMA20 and 14.31% off the SMA50. The RSI metric on the 14-day chart is currently showing 68.39, and weekly volatility stands at 6.63%. When measured over the past 30 days, the indicator reaches 6.02%. Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s beta value is currently sitting at 1.25, while the Average True Range indicator is currently displaying 0.18.
To see how Evolv Technologies Holdings Inc stock has been performing in comparison to its peers in the industry, here are the numbers: EVLV stock’s performance was 9.79% in the latest trading, and -48.10% in the past year.
An evaluation of the daily trading volume of Evolv Technologies Holdings Inc (NASDAQ:EVLV) indicates that the 3-month average is 1.48 million.
Currently, records show that 151.31 million of the company’s shares remain outstanding. The insiders hold 31.80% of outstanding shares, whereas institutions hold 39.04%. However, since the stock’s price has seen -33.47% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
