EVI Industries (NYSEAMERICAN:EVI) Shares Cross Above 200 Day Moving Average of $0.00

EVI Industries, Inc. (NYSEAMERICAN:EVI)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $21.81. EVI Industries shares last traded at $20.95, with a volume of 34,790 shares changing hands.

EVI Industries Price Performance

The company has a quick ratio of 0.80, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The stock has a market cap of $268.69 million, a PE ratio of 57.27 and a beta of 0.38.

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

Institutional Trading of EVI Industries

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Gladius Capital Management LP acquired a new position in EVI Industries in the second quarter valued at $29,000. American International Group Inc. increased its stake 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 during the last quarter. BNP Paribas Financial Markets increased its stake in 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 purchasing an additional 1,454 shares during the last quarter. Carmel Capital Partners LLC increased its stake in 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 purchasing an additional 9,185 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in EVI Industries by 7.1% in the second quarter. Bank of New York Mellon Corp now owns 21,499 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 1,422 shares during the last quarter. 37.30% of the stock is currently 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.