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EVI Industries Inc is not a strong buy at the moment for a beginner, long-term investor. Despite strong financial growth in the latest quarter, the stock is currently oversold with a negative price trend and no significant positive catalysts. It is better to wait for clearer signs of recovery or positive momentum before considering an entry.
The stock is oversold as indicated by an RSI of 14.357. The MACD histogram is negative and expanding, signaling bearish momentum. The price is near the S1 support level of 21.688, with further downside risk to S2 at 20.335. Converging moving averages indicate indecision in the market.
Strong financial performance in the latest quarter, with revenue up 24.36% YoY, net income up 108.15% YoY, and EPS up 114.29% YoY.
Hedge funds are selling heavily, with a 213.59% increase in selling activity last quarter. No recent news or significant insider trading trends. The stock is down 5.22% in the regular market session and has a bearish technical setup.
In 2026/Q2, EVI Industries reported strong financial growth: revenue increased to $115.29M (up 24.36% YoY), net income increased to $2.02M (up 108.15% YoY), EPS increased to $0.15 (up 114.29% YoY), and gross margin improved to 30.82% (up 3.81% YoY).
No recent analyst rating or price target changes are available.