Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI – Get Free Report) 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 %
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.
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