EVI Industries (NYSEAMERICAN:EVI) Stock Crosses Above Two Hundred Day Moving Average of $0.00

Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $26.66. EVI Industries shares last traded at $26.36, with a volume of 5,083 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on EVI Industries in a research report on Wednesday, August 23rd. They set a “hold” rating for the company.

EVI Industries Stock Down 0.9 %

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 1.63. The stock has a fifty day moving average price of $19.94. The firm has a market cap of $331.35 million, a price-to-earnings ratio of 40.55 and a beta of 0.38.

Hedge Funds Weigh In On EVI Industries

A number of large investors have recently made changes to their positions in the company. US Bancorp DE grew its holdings in shares of EVI Industries by 214.3% during the 1st quarter. US Bancorp DE now owns 1,320 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 900 shares in the last quarter. Barclays PLC acquired a new stake in EVI Industries during the fourth quarter worth about $29,000. California State Teachers Retirement System bought a new position in EVI Industries in the second quarter valued at approximately $35,000. BNP Paribas Arbitrage SNC increased its stake in EVI Industries by 68,233.3% in the second quarter. BNP Paribas Arbitrage SNC now owns 2,050 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 2,047 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in EVI Industries during the second quarter valued at approximately $46,000. Institutional investors own 36.40% of the company’s stock.

EVI Industries Company Profile

EVI Industries, Inc, through its subsidiaries, distributes, sells, rents, and leases commercial and industrial laundry and dry-cleaning equipment, and steam and hot water boilers 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.