Evolv Technologies Holdings, Inc. (NASDAQ:EVLV – Get Free Report) saw unusually large options trading on Tuesday. Stock investors acquired 5,513 call options on the stock. This is an increase of approximately 1,690% compared to the average daily volume of 308 call options.
Evolv Technologies Price Performance
Shares of NASDAQ EVLV opened at $3.32 on Wednesday. Evolv Technologies has a 1-year low of $2.01 and a 1-year high of $5.28. The business has a 50-day moving average of $3.71 and a 200-day moving average of $3.67. The company has a market capitalization of $523.07 million, a price-to-earnings ratio of -23.71 and a beta of 1.66.
Institutional Investors Weigh In On Evolv Technologies
Several institutional investors and hedge funds have recently modified their holdings of EVLV. Autumn Glory Partners LLC purchased a new position in Evolv Technologies in the fourth quarter valued at about $40,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Evolv Technologies during the 4th quarter worth approximately $40,000. Cibc World Markets Corp bought a new position in Evolv Technologies in the 4th quarter worth approximately $49,000. Virtu Financial LLC bought a new position in Evolv Technologies in the 3rd quarter worth approximately $63,000. Finally, Clare Market Investments LLC bought a new position in Evolv Technologies in the 4th quarter worth approximately $71,000. Hedge funds and other institutional investors own 66.65% of the company’s stock.
Evolv Technologies Company Profile
Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.
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