Evolving Systems, Inc. (EVOL) Stock: A Tech Stock That’s Climbing

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Evolving Systems, Inc. (EVOL) is trending up in the market today. The company, focused in the tech sector, is currently trading at $1.34 after heading up 5.51% so far in today’s session. In terms of tech companies, there are several aspects that have the ability to cause price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines associated with EVOL:

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Mar-04-19 02:46PM How Much Of Evolving Systems, Inc. (NASDAQ:EVOL) Do Insiders Own?
Feb-21-19 09:00AM Evolving Systems Predicts and Responds to Key 2019 Telco Industry Issues at MWC
Feb-20-19 09:00AM Evolving Systems To Launch Evolution at MWC
Jan-18-19 01:42PM Evolving Systems, Inc.s (NASDAQ:EVOL) Investment Returns Are Lagging Its Industry
Jan-11-19 11:57AM Edited Transcript of EVOL earnings conference call or presentation 13-Nov-18 9:30pm GMT

Nonetheless, when making an investing decision, investors should look into much more than news, this is especially the case in the ever evolving technology space. Here’s what’s happening with Evolving Systems, Inc..

Recent Trends From EVOL

While a move toward the top in a single session, like the gain that we’re seeing from Evolving Systems, Inc. might make some investors happy, a single session gain by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It is always a good idea to take a look at trends experienced by the stock just a single trading session. In the case of EVOL, here are the trends that investors have experienced:

  • Past 7 Days – In the last 5 trading sessions, EVOL has seen a change in price in the amount of -0.74%.
  • Monthly – The performance from Evolving Systems, Inc. throughout the last month has been 0.75%.
  • Quarterly – Throughout the past 3 months, the stock has produced a return that comes to -10.07%
  • Past 6 Months – Over the past six months, we’ve seen a change that works out to -41.74% from the stock.
  • Year To Date – Since the open of this year EVOL has resulted in a return on investment of 13.08%.
  • Annually – Lastly, in the past year, investors have seen movement that works out to -74.48% out of EVOL. Over this period of time, the stock has sold at a high of -75.75% and a low price of 20.72%.

Important Ratios

Looking at a few key ratios associated with a company generally gives investors a view of how dangerous and/or potentially profitable a pick may be. Here are some of the most important ratios to consider when digging into EVOL.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it means that more investors are expecting that the stock is going to go down. In general, strong technology stocks can carry a lower short ratio. However, we also tend to see a lot of short squeezes in the space. Nonetheless, as it relates to Evolving Systems, Inc., the stock’s short ratio amounts to 0.08.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Essentially, they measure whether or not a company can cover its debts when they mature using quick assets or current assets. In the tech industry, several companies rely on continued investor support as they work to bring new technologies to market, these ratios can seem damning. However, some better companies in the technology industry do have positive quick and current ratios. In terms of EVOL, the quick and current ratios add up to 1.60 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price of the stock. when it comes to Evolving Systems, Inc., that ratio works out to 2.86.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of shares. In the case of EVOL, the cash to share value works out to 0.70.

Big Money And Evolving Systems, Inc.

An interesting fact I have learned in my short period on Earth has been that good investors tend to follow big money. Usually, investors that are trying to keep the risk down will follow moves made by institutions as well as insiders. With that said, is big money flowing when it comes to EVOL? Here’s what’s going on:

  • Institutions – At the moment, institutional investors own 34.80% of Evolving Systems, Inc.. On the other hand, it is worth mentioning that institutional ownership has seen a move of -7.54% throughout the last 3 months.
  • Investors On The Inside – with regard to insiders, those close to the company currently own 32.58% of Evolving Systems, Inc.. Insider ownership of the company has moved 0.00% over the last quarter.

Analyst Opinions Of Evolving Systems, Inc.

Although it’s not a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their thoughts in order to validate your own when it comes to making an investment decision in the technology industry. Here are the most recent moves that we have seen from analysts as it relates to EVOL.

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May-04-16 Reiterated Maxim Group Buy $10 → $8
Aug-05-15 Reiterated Maxim Group Buy $12 → $10
Aug-05-15 Downgrade DA Davidson Buy → Neutral
Jul-23-15 Reiterated Maxim Group Buy $14 → $12
Apr-10-15 Initiated Maxim Group Buy $14

Financial Performance

What have ween seen from EVOL in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands at the moment, analysts have expectations that Evolving Systems, Inc. will generate earnings per diluted share in the amount of 0, with 0 to be announced in the earnings announcement for the current quarter. Although this information is not associated with earnings, because we’re talking on the topic of Wall Street analysts, EVOL is presently rated a 2.00 on a scale from 1 to 5 on which 1 is the poorest Wall St. analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Over the past half decade, Evolving Systems, Inc. has reported a movement in sales that adds up to 1.90%. Earnings through the last 5 years have seen a change of -16.10%.
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is generally referred to as in the human world, the company has experienced a earnings change by -28.50%. The company has also experienced movement when it comes to revenue that amounts to -1.30%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 12.20M shares of Evolving Systems, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, EVOL has a float of 8.17M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to EVOL, the short percent of the float is 0.04%.

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