2 weeks Ago By Defense World Staff
EVI Industries ( NYSEAMERICAN:EVI – Get Free Report ) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday. EVI Industries Price Performance NYSEAMERICAN:EVI traded up $0.
36 during mid-day trading on Friday, hitting $19.61. 5,031 shares of the stock traded hands, compared to its average volume of 17,104.
The company has a current ratio of 1.46, a quick ratio of 0.77 and a debt-to-equity ratio of 0.
09. The stock has a market cap of $248.65 million, a P/E ratio of 53.
00 and a beta of 0.34. EVI Industries has a 12-month low of $14.
51 and a 12-month high of $28.65. Institutional Trading of EVI Industries A number of hedge funds have recently added to or reduced their stakes in the business.
Gladius Capital Management LP acquired a new position in shares of EVI Industries during the 2nd quarter worth approximately $29,000. American International Group Inc. boosted its holdings in EVI Industries by 35.
6% in the first quarter. American International Group Inc. now owns 3,195 shares of the industrial products company’s stock valued at $80,000 after purchasing an additional 838 shares in the last quarter.
BNP Paribas Financial Markets boosted its holdings in shares of EVI Industries by 42.8% in the first quarter. BNP Paribas Financial Markets now owns 4,850 shares of the industrial products company’s stock valued at $121,000 after acquiring an additional 1,454 shares during the period.
Northwestern Mutual Wealth Management Co. acquired a new position in EVI Industries during the second quarter worth $158,000. Finally, Renaissance Technologies LLC increased its holdings in EVI Industries by 18.
7% in the second quarter. Renaissance Technologies LLC now owns 13,765 shares of the industrial products company’s stock valued at $260,000 after buying an additional 2,168 shares in the last quarter. 37.
30% of the stock is owned by hedge funds and other institutional investors. EVI Industries Company Profile 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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