With 2.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.55 million shares. The 52-week range on EVLV shows that it touched its highest point at $6.16 and its lowest point at $2.04 during that stretch. It currently has a 1-year price target of $7.06. Beta for the stock currently stands at 1.68.
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 -9.15%, but this was up by 24.37% over a month. Three-month performance surged to 54.24% while six-month performance rose 62.50%. The stock gained 90.24% in the past year, while it has gained 38.23% so far this year. A look at the trailing 12-month EPS for EVLV yields -0.28 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.05. This implies an EPS growth rate of 36.23% for this year and 6.82% for next year.
Float and Shares Shorts:
At present, 163.27 million EVLV shares are outstanding with a float of 112.75 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 -$0.26134 being high and -$0.27961 being low. For EVLV, this leads to a yearly average estimate of -$0.27.
