Evolus Inc (NASDAQ:EOLS) shares, rose in value on Friday, January 24, with the stock price up by 1.50% to the previous day’s close as strong demand from buyers drove the stock to $14.23.
Actively observing the price movement in the last trading, the stock closed the session at $14.02, falling within a range of $13.595 and $14.37. The value of beta (5-year monthly) was 1.315. Referring to stock’s 52-week performance, its high was $17.82, and the low was $9.25. On the whole, EOLS has fluctuated by 30.67% over the past month.
With the market capitalization of Evolus Inc currently standing at about $901.07 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 266.31M, with a low estimate of 78.99M and a high estimate of 79.01M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 79M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EOLS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of EOLS currently trading nearly 25.86% and 19.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.09, while the 7-day volatility ratio is showing 6.46% which for the 30-day chart, stands at 5.54%. Furthermore, Evolus Inc (EOLS)’s beta value is 1.35, and its average true range (ATR) is 0.80.
A comparison of Evolus Inc (EOLS) with its peers suggests the former has fared considerably weaker in the market. EOLS showed an intraday change of 1.50% in last session, and over the past year, it grew by 21.11%%.
Data on historical trading for Evolus Inc (NASDAQ:EOLS) indicates that the trading volumes over the past 10 days have averaged 1.03 and over the past 3 months, they’ve averaged 684.53K. According to company’s latest data on outstanding shares, there are 63.25 million shares outstanding.
Nearly 13.62% of Evolus Inc’s shares belong to company insiders and institutional investors own 78.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.4 million shares as on 2024-12-31, resulting in a short ratio of 10.75. According to the data, the short interest in Evolus Inc (EOLS) stood at 871.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 5.21 million. The stock has risen by 28.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EOLS stock heading into the next quarter.
