Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $25.00. EVI Industries shares last traded at $24.98, with a volume of 4,129 shares.
Analyst Ratings Changes
Several research firms have weighed in on EVI. Wall Street Zen upgraded EVI Industries from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. DA Davidson began coverage on EVI Industries in a report on Friday, June 6th. They set a "buy" rating and a $28.00 target price on the stock.
Read Our Latest Stock Report on EVI
EVI Industries Stock Up 4.6%
The stock has a market cap of $329.34 million, a P/E ratio of 52.67 and a beta of 0.03. The firm's fifty day moving average price is $19.05. 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
A number of hedge funds and other institutional investors have recently modified their holdings of EVI. Raymond James Financial Inc. acquired a new position in EVI Industries during the fourth quarter worth approximately $2,863,000. King Luther Capital Management Corp increased its position in EVI Industries by 416.6% during the fourth quarter. King Luther Capital Management Corp now owns 185,500 shares of the industrial products company's stock worth $3,033,000 after buying an additional 149,591 shares during the last quarter. Natixis Advisors LLC increased its position in EVI Industries by 5.5% during the fourth quarter. Natixis Advisors LLC now owns 35,590 shares of the industrial products company's stock worth $582,000 after buying an additional 1,864 shares during the last quarter. JPMorgan Chase & Co. increased its position in EVI Industries by 101.4% during the fourth quarter. JPMorgan Chase & Co. now owns 20,829 shares of the industrial products company's stock worth $341,000 after buying an additional 10,488 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in EVI Industries by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 113,880 shares of the industrial products company's stock worth $1,862,000 after buying an additional 892 shares during the last quarter. Institutional investors and hedge funds 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.
Recommended Stories
Before you consider EVI Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EVI Industries wasn't on the list.
While EVI Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
