With 2.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.49 million shares. The 52-week range on EVLV shows that it touched its highest point at $4.65 and its lowest point at $2.01 during that stretch. It currently has a 1-year price target of $5.38. Beta for the stock currently stands at 1.61.
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 up-trending over the past week, with a rise of 7.06%, but this was up by 37.50% over a month. Three-month performance surged to 10.28% while six-month performance rose 74.60%. The stock gained 13.99% in the past year, while it has gained 11.39% so far this year. A look at the trailing 12-month EPS for EVLV yields -0.35 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.06. This implies an EPS growth rate of 24.64% for this year and 53.85% for next year.
Float and Shares Shorts:
At present, 159.60 million EVLV shares are outstanding with a float of 112.38 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 -$0.25429 being high and -$0.28596 being low. For EVLV, this leads to a yearly average estimate of -$0.27.
