Should You Buy EVI Industries Inc (EVI) Stock on 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!

See Full EVI Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With EVI Stock Today?

EVI Industries Inc (EVI) stock is trading at $20.76 as of 12:03 PM on Tuesday, Feb 14, a decline of -$0.30, or -1.42% from the previous closing price of $21.06. The stock has traded between $20.50 and $21.39 so far today. Volume today is below average. So far 5,130 shares have traded compared to average volume of 25,977 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.