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

EVI Industries, Inc. (NYSEAMERICAN:EVI)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $20.00. EVI Industries shares last traded at $18.92, with a volume of 112,787 shares.

EVI Industries Stock Performance

The company has a current ratio of 1.53, a quick ratio of 0.80 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $239.91 million, a P/E ratio of 51.14 and a beta of 0.40.

EVI Industries (NYSEAMERICAN:EVI) last announced its earnings results on Thursday, May 9th. The industrial products company reported $0.06 EPS for the quarter. The firm had revenue of $83.98 million for the quarter. EVI Industries had a net margin of 1.53% and a return on equity of 4.13%.

Hedge Funds Weigh In On EVI Industries

A number of institutional investors have recently added to or reduced their stakes in the company. American International Group Inc. boosted its position in shares of 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 acquiring an additional 838 shares during the period. Natixis Advisors L.P. boosted its position in shares of 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 acquiring an additional 1,288 shares during the period. BNP Paribas Financial Markets boosted its position 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. Comerica Bank boosted its position in shares of EVI Industries by 10.8% in the fourth quarter. Comerica Bank now owns 47,525 shares of the industrial products company’s stock valued at $1,128,000 after acquiring an additional 4,650 shares during the period. Finally, Carmel Capital Partners LLC boosted its position in shares of EVI Industries by 489.9% in the fourth quarter. Carmel Capital Partners LLC now owns 11,060 shares of the industrial products company’s stock valued at $262,000 after acquiring an additional 9,185 shares during the period. 37.30% of the stock is currently owned by institutional investors and hedge funds.

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.