EVI Industries, Inc. (NYSEAMERICAN:EVI - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $17.32. EVI Industries shares last traded at $16.19, with a volume of 12,359 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of EVI Industries from a "buy" rating to a "hold" rating in a report on Monday, January 13th.
Read Our Latest Stock Analysis on EVI Industries
EVI Industries Trading Up 0.2 %
The firm has a market cap of $203.52 million, a P/E ratio of 33.23 and a beta of 0.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.87 and a current ratio of 1.58.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC increased its stake in EVI Industries by 30,361.5% during the first quarter. GAMMA Investing LLC now owns 3,960 shares of the industrial products company's stock worth $66,000 after acquiring an additional 3,947 shares during the last quarter. FMR LLC lifted its position in EVI Industries by 1,868.5% in the third quarter. FMR LLC now owns 4,252 shares of the industrial products company's stock worth $82,000 after buying an additional 4,036 shares during the last quarter. Bank of America Corp DE boosted its stake in EVI Industries by 39.6% during the fourth quarter. Bank of America Corp DE now owns 4,988 shares of the industrial products company's stock worth $82,000 after buying an additional 1,416 shares during the period. Rhumbline Advisers increased its position in EVI Industries by 21.4% during the first quarter. Rhumbline Advisers now owns 5,336 shares of the industrial products company's stock valued at $90,000 after acquiring an additional 940 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of EVI Industries by 70.4% in the fourth quarter. Deutsche Bank AG now owns 5,909 shares of the industrial products company's stock valued at $97,000 after acquiring an additional 2,441 shares during the period. 37.30% of the stock is currently owned by institutional investors.
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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