EVI Industries (NYSEAMERICAN:EVI) Share Price Passes Above Two Hundred Day Moving Average of $0.00

Shares of EVI Industries Inc (NYSEAMERICAN:EVI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $35.75. EVI Industries shares last traded at $35.08, with a volume of 1,398 shares.

Separately, TheStreet downgraded EVI Industries from a “b-” rating to a “c” rating in a report on Friday, May 31st.

EVI Industries (NYSEAMERICAN:EVI) last released its quarterly earnings data on Friday, May 10th. The industrial products company reported $0.04 EPS for the quarter. The firm had revenue of $59.29 million for the quarter.

Several hedge funds have recently added to or reduced their stakes in EVI. Conestoga Capital Advisors LLC increased its holdings in EVI Industries by 4.8% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 595,037 shares of the industrial products company’s stock valued at $22,772,000 after purchasing an additional 27,044 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in EVI Industries by 7.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 5,871 shares of the industrial products company’s stock valued at $224,000 after purchasing an additional 397 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in EVI Industries in the 2nd quarter valued at $34,000. Granite Investment Partners LLC increased its holdings in EVI Industries by 87.6% in the 1st quarter. Granite Investment Partners LLC now owns 26,458 shares of the industrial products company’s stock valued at $1,009,000 after purchasing an additional 12,357 shares in the last quarter. Finally, Royce & Associates LP increased its holdings in EVI Industries by 7.8% in the 1st quarter. Royce & Associates LP now owns 69,300 shares of the industrial products company’s stock valued at $2,642,000 after purchasing an additional 5,000 shares in the last quarter.

About EVI Industries (NYSEAMERICAN:EVI)

EVI Industries, Inc, through its subsidiaries, distributes, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, and Latin America. It also supplies related replacement parts and accessories; designs and plans laundry, dry cleaning, and boiler systems; and provides installation and maintenance services to commercial, industrial, institutional, government, and retail customers.

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