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

EVI Industries, Inc. (NYSEAMERICAN:EVI)’s share price passed 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 $21.81. EVI Industries shares last traded at $20.95, with a volume of 34,790 shares traded.

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 capitalization of $268.69 million, a P/E ratio of 57.27 and a beta of 0.38.

EVI Industries (NYSEAMERICAN:EVI) last released its quarterly earnings data on Thursday, May 9th. The industrial products company reported $0.06 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in EVI. BNP Paribas Financial Markets raised its stake in EVI Industries by 42.8% in the 1st 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 raised its stake in EVI Industries by 489.9% in the 4th 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. Conestoga Capital Advisors LLC raised its stake in EVI Industries by 6.6% in the 1st quarter. Conestoga Capital Advisors LLC now owns 647,161 shares of the industrial products company’s stock valued at $16,114,000 after purchasing an additional 40,120 shares during the last quarter. Comerica Bank raised its stake in EVI Industries by 10.8% in the 4th quarter. Comerica Bank now owns 47,525 shares of the industrial products company’s stock valued at $1,128,000 after purchasing an additional 4,650 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in EVI Industries by 7.1% in the 2nd 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. Hedge funds and other institutional investors own 37.30% of the company’s stock.

About EVI Industries

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.