Do Traders Think EVI Industries Inc (EVI) Can Turn Around Tuesday?

The market has been down on EVI Industries Inc (EVI) stock recently. EVI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

EVI Industries Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on EVI!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EVI Stock Today?

EVI Industries Inc (EVI) stock is trading at $19.35 as of 10:32 AM on Tuesday, May 30, a rise of $0.47, or 2.49% from the previous closing price of $18.88. The stock has traded between $18.92 and $19.58 so far today. Volume today is low. So far 5,101 shares have traded compared to average volume of 19,589 shares. To screen for more stocks like EVI Industries Inc click here.

More About EVI Industries Inc

EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America. Click Here to get the full Stock Report for EVI Industries Inc stock.