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

EVI Industries, Inc. (NYSEAMERICAN:EVIGet Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $20.10. EVI Industries shares last traded at $19.73, with a volume of 6,159 shares.

EVI Industries Stock Down 6.8 %

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 $224.94 million, a P/E ratio of 47.95 and a beta of 0.40.

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

Institutional Investors Weigh In On EVI Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Swedbank AB bought a new stake in shares of EVI Industries during the 1st quarter valued at $9,338,000. Comerica Bank grew its position in shares of EVI Industries by 53.8% during the 1st quarter. Comerica Bank now owns 73,095 shares of the industrial products company’s stock valued at $1,820,000 after acquiring an additional 25,570 shares during the period. American International Group Inc. grew its position in shares of EVI Industries by 35.6% during the 1st 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. Vanguard Group Inc. grew its position in shares of EVI Industries by 9.0% during the 1st quarter. Vanguard Group Inc. now owns 290,501 shares of the industrial products company’s stock valued at $7,233,000 after acquiring an additional 23,880 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of EVI Industries by 42.8% during the 1st quarter. BNP Paribas Financial Markets now owns 4,850 shares of the industrial products company’s stock valued at $121,000 after buying an additional 1,454 shares in the last quarter. Institutional investors own 37.30% of the company’s stock.

EVI Industries Company Profile

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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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