Evolv Technologies (NASDAQ:EVLVW) Shares Up 7.4% – Should You Buy?

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVWGet Free Report) shares rose 7.4% on Tuesday . The company traded as high as $0.2340 and last traded at $0.2040. Approximately 33,381 shares were traded during trading, a decline of 45% from the average daily volume of 60,329 shares. The stock had previously closed at $0.19.

Evolv Technologies Stock Up 7.4%

The firm’s fifty day moving average is $0.68 and its two-hundred day moving average is $0.59.

Evolv Technologies (NASDAQ:EVLVWGet Free Report) last posted its quarterly earnings results on Wednesday, May 11th. The company reported ($1.01) EPS for the quarter. The business had revenue of $4.00 million during the quarter.

Evolv Technologies Company Profile

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Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.

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