EVI Industries (NYSEAMERICAN:EVI) Stock Price Crosses 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 Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $23.75. EVI Industries shares last traded at $22.37, with a volume of 25,345 shares.

EVI Industries Stock Down 2.1 %

The company has a market cap of $283.43 million, a P/E ratio of 44.74 and a beta of 0.39. The company has a quick ratio of 0.84, a current ratio of 1.62 and a debt-to-equity ratio of 0.23.

EVI Industries (NYSEAMERICAN:EVI) last released its quarterly earnings data on Friday, February 9th. The industrial products company reported $0.09 earnings per share for the quarter. The firm had revenue of $91.36 million for the quarter. EVI Industries had a net margin of 1.98% and a return on equity of 5.54%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Carmel Capital Partners LLC bought a new stake in shares of EVI Industries in the 3rd quarter worth approximately $47,000. BNP Paribas Financial Markets grew 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 worth $121,000 after acquiring an additional 1,454 shares during the period. Natixis Advisors L.P. increased its holdings in EVI Industries by 4.0% in the 3rd quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock worth $825,000 after acquiring an additional 1,288 shares during the last quarter. Comerica Bank raised 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 purchasing an additional 4,650 shares during the period. Finally, Broadcrest Asset Management LLC bought a new stake in EVI Industries during the 3rd quarter valued at $8,389,000. 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.