EVI Industries, Inc. (NYSEAMERICAN:EVI - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $20.50. EVI Industries shares last traded at $20.50, with a volume of 17,268 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on EVI shares. Wall Street Zen raised EVI Industries from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th. DA Davidson started coverage on EVI Industries in a research report on Friday, June 6th. They set a "buy" rating and a $28.00 target price on the stock.
Get Our Latest Stock Analysis on EVI Industries
EVI Industries Trading Up 1.1%
The stock has a market capitalization of $268.09 million, a P/E ratio of 42.88 and a beta of -0.01. The stock has a 50-day moving average price of $18.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.51 and a quick ratio of 0.86.
Institutional Trading of EVI Industries
Several large investors have recently made changes to their positions in the stock. Conestoga Capital Advisors LLC boosted its stake in EVI Industries by 2.9% during the 1st quarter. Conestoga Capital Advisors LLC now owns 811,660 shares of the industrial products company's stock valued at $13,620,000 after purchasing an additional 23,044 shares during the period. Royce & Associates LP boosted its stake in EVI Industries by 7.8% during the 1st quarter. Royce & Associates LP now owns 706,635 shares of the industrial products company's stock valued at $11,857,000 after purchasing an additional 50,894 shares during the period. King Luther Capital Management Corp boosted its stake in EVI Industries by 416.6% during the 4th quarter. King Luther Capital Management Corp now owns 185,500 shares of the industrial products company's stock valued at $3,033,000 after purchasing an additional 149,591 shares during the period. Raymond James Financial Inc. boosted its stake in EVI Industries by 4.7% during the 1st quarter. Raymond James Financial Inc. now owns 183,437 shares of the industrial products company's stock valued at $3,078,000 after purchasing an additional 8,316 shares during the period. Finally, Captrust Financial Advisors boosted its stake in EVI Industries by 4.0% during the 4th quarter. Captrust Financial Advisors now owns 144,514 shares of the industrial products company's stock valued at $2,363,000 after purchasing an additional 5,529 shares during the period. Institutional investors own 37.30% of the company's stock.
EVI Industries Company Profile
(
Get Free Report)
EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.
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