EVI Industries (NYSEAMERICAN:EVI) Stock Price Passes Above 200-Day Moving Average of $0.00

EVI Industries, Inc. (NYSEAMERICAN:EVI) shares 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 $20.00. EVI Industries shares last traded at $18.92, with a volume of 112,787 shares changing hands.

EVI Industries Stock Up 7.9 %

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 company has a market cap of $239.91 million, a price-to-earnings ratio of 51.14 and a beta of 0.40.

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

Institutional Investors Weigh In On EVI Industries

A number of hedge funds have recently made changes to their positions in EVI. Natixis Advisors L.P. boosted its position in EVI Industries by 4.0% during the 3rd quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock worth $825,000 after buying an additional 1,288 shares during the period. Carmel Capital Partners LLC boosted its position in EVI Industries by 489.9% during the 4th quarter. Carmel Capital Partners LLC now owns 11,060 shares of the industrial products company’s stock worth $262,000 after buying an additional 9,185 shares during the period. Comerica Bank boosted its position in EVI Industries by 10.8% during the 4th quarter. Comerica Bank now owns 47,525 shares of the industrial products company’s stock worth $1,128,000 after buying an additional 4,650 shares during the period. Conestoga Capital Advisors LLC boosted its position in EVI Industries by 6.6% during the 1st quarter. Conestoga Capital Advisors LLC now owns 647,161 shares of the industrial products company’s stock worth $16,114,000 after buying an additional 40,120 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in 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 buying an additional 1,454 shares during the period. 37.30% of the stock is currently owned by institutional investors and hedge funds.

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.