Evolv Technologies Holdings Inc (NASDAQ:EVLV): Buy, Sell Or Hold At $2.34?

In last trading session, Evolv Technologies Holdings Inc (NASDAQ:EVLV) saw 0.71 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $2.34 trading at -$0.06 or -2.50% at ring of the bell on the day assigns it a market valuation of $365.25M. That closing price of EVLV’s stock is at a discount of -254.7% from its 52-week high price of $8.30 and is indicating a premium of 14.1% from its 52-week low price of $2.01. Taking a look at company’s average trading volume volume of 1.70 million if we extend that period to 3-months.

Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information

Upright in the red during last session for losing -2.50%, in the last five days EVLV remained trading in the red while hitting it’s week-highest on Wednesday, 06/12/24 when the stock touched $2.34 price level, adding 8.59% to its value on the day. Evolv Technologies Holdings Inc’s shares saw a change of -50.42% in year-to-date performance and have moved -4.88% in past 5-day. Evolv Technologies Holdings Inc (NASDAQ:EVLV) showed a performance of -16.43% in past 30-days.

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Evolv Technologies Holdings Inc (EVLV) estimates and forecasts

Statistics highlight that Evolv Technologies Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -49.13% of value to its shares in past 6 months, showing an annual growth rate of 47.89% while that of industry is 8.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 24.30% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 23.84M for the same. And 5 analysts are in estimates of company making revenue of 26.18M in the next quarter. Company posted 19.82M and 20.19M of sales in current and next quarters respectively a year earlier.

EVLV Dividends

Evolv Technologies Holdings Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.