Alert: Major Price Advance (7/11/24)-Evi Industries Inc (NYSEAMERICAN: EVI).

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Evi Industries Inc (NYSEAMERICAN: EVI) stock enjoyed a major increase of 11.6% on 7/11/24. The shares closed at $19.98. Moreover, unusually high trading volume at 151% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 7.1% during the last week.

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Current PriceTarget Research Rating

EVI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Evi Industries has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Evi Industries has a poor Power Rating of 21 and a poor Appreciation Score of 16, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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