With 1.25 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.63 million shares. The 52-week range on EVLV shows that it touched its highest point at $5.28 and its lowest point at $2.01 during that stretch. It currently has a 1-year price target of $4.75. Beta for the stock currently stands at 1.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVLV was down-trending over the past week, with a drop of -13.07%, but this was down by -16.83% over a month. Three-month performance surged to 32.06% while six-month performance fell -4.16%. The stock lost -20.46% in the past year, while it has lost -12.41% so far this year. A look at the trailing 12-month EPS for EVLV yields -0.13 with Next year EPS estimates of -0.17. For the next quarter, that number is -0.07. This implies an EPS growth rate of 25.00% for this year and 37.04% for next year.
Float and Shares Shorts:
At present, 157.47 million EVLV shares are outstanding with a float of 108.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVLV since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.25818 being high and -$0.28611 being low. For EVLV, this leads to a yearly average estimate of -$0.27. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.06.
