Envirostar Inc (EVI) Lowered to Hold at BidaskClub
Envirostar Inc (NYSEMKT:EVI) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Thursday.
Shares of Envirostar (NYSEMKT:EVI) traded down 0.36% during midday trading on Thursday, reaching $27.80. 41,142 shares of the company’s stock were exchanged. The company has a market cap of $288.26 million, a P/E ratio of 83.48 and a beta of 0.42. The firm has a 50 day moving average price of $29.31 and a 200 day moving average price of $24.31. Envirostar has a 12 month low of $5.65 and a 12 month high of $36.00.
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A number of hedge funds have recently modified their holdings of EVI. Schwab Charles Investment Management Inc. purchased a new position in shares of Envirostar in the second quarter valued at approximately $214,000. Teachers Advisors LLC acquired a new stake in shares of Envirostar in the second quarter valued at approximately $170,000. TIAA CREF Investment Management LLC acquired a new stake in shares of Envirostar in the second quarter valued at approximately $257,000. New York State Common Retirement Fund acquired a new stake in shares of Envirostar in the second quarter valued at approximately $100,000. Finally, Northern Trust Corp acquired a new stake in shares of Envirostar in the second quarter valued at approximately $1,005,000.
Envirostar Company Profile
EnviroStar, Inc, through its subsidiary, Steiner-Atlantic Corp., distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers manufactured by others; supplies replacement parts and accessories, and provides maintenance services to its customers, and designs and plans turnkey laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers.
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