EVI Industries (NYSEAMERICAN:EVI) Shares Pass Above Two Hundred Day Moving Average of $0.00

EVI Industries, Inc. (NYSEAMERICAN:EVI)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $21.71. EVI Industries shares last traded at $21.47, with a volume of 2,980 shares traded.

EVI Industries Stock Up 0.1 %

The stock has a market cap of $272.02 million, a P/E ratio of 42.94 and a beta of 0.33. The company has a quick ratio of 0.84, a current ratio of 1.62 and a debt-to-equity ratio of 0.23.

EVI Industries (NYSEAMERICAN:EVI) last issued its quarterly earnings data on Friday, February 9th. The industrial products company reported $0.09 earnings per share for the quarter. EVI Industries had a return on equity of 5.54% and a net margin of 1.98%. The business had revenue of $91.36 million during the quarter.

Institutional Trading of EVI Industries

Hedge funds have recently modified their holdings of the stock. Conestoga Capital Advisors LLC increased its position in shares of EVI Industries by 6.6% in the 1st quarter. Conestoga Capital Advisors LLC now owns 647,161 shares of the industrial products company’s stock valued at $16,114,000 after purchasing an additional 40,120 shares during the last quarter. Comerica Bank lifted its holdings in EVI Industries by 10.8% during the 4th quarter. Comerica Bank now owns 47,525 shares of the industrial products company’s stock worth $1,128,000 after buying an additional 4,650 shares during the last quarter. Carmel Capital Partners LLC boosted its position in shares of EVI Industries by 489.9% during the 4th quarter. Carmel Capital Partners LLC now owns 11,060 shares of the industrial products company’s stock worth $262,000 after acquiring an additional 9,185 shares in the last quarter. Natixis Advisors L.P. increased its stake in EVI Industries by 4.0% in the third quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock valued at $825,000 after purchasing an additional 1,288 shares during the last quarter. Finally, Broadcrest Asset Management LLC acquired a new stake in EVI Industries during the third quarter worth approximately $8,389,000. 37.30% of the stock is currently owned by institutional investors and hedge funds.

About EVI Industries

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.