During the last session, Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s traded shares were 0.88 million, with the beta value of the company hitting 1.66. The 52-week high for the EVLV share is $5.73, that puts it down -44.33 from that peak though still a striking 49.37% gain since the share price plummeted to a 52-week low of $2.01. The company’s market capitalization is $625.47M, and the average intraday trading volume over the past 10 days was 1.43 million shares, and the average trade volume was 2.44 million shares over the past three months.
Evolv Technologies Holdings Inc (EVLV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. EVLV has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information
The stock’s 5-day price performance is -1.24%, and it has moved by -7.24% in 30 days. Based on these gigs, the overall price performance for the year is -10.59%. The short interest in Evolv Technologies Holdings Inc (NASDAQ:EVLV) is 14.79 million shares and it means that shorts have 6.54 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.75, which implies a decrease of -44.36% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.75 and $2.75 respectively. As a result, EVLV is trading at a premium of 30.73% off the target high and 30.73% off the low.
Evolv Technologies Holdings Inc (EVLV) estimates and forecasts
Statistics show that Evolv Technologies Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Evolv Technologies Holdings Inc (EVLV) shares have gone up 64.73% during the last six months, with a year-to-date growth rate more than the industry average at 63.38% against 14.80.
While earnings are projected to return 25.00% in 2025.
EVLV Dividends
Evolv Technologies Holdings Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s Major holders
Evolv Technologies Holdings Inc insiders own 17.08% of total outstanding shares while institutional holders control 61.00%, with the float percentage being 73.56%. GENERAL CATALYST GROUP MANAGEMENT, LLC is the largest shareholder of the company, while 237.0 institutions own stock in it. As of 2024-06-30, the company held over 10.8 million shares (or 7.0528% of all shares), a total value of $27.53 million in shares.
The next largest institutional holding, with 9.68 million shares, is of DATA COLLECTIVE IV GP, LLC’s that is approximately 6.3245% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $24.69 million.
