Envirostar Inc (NYSEMKT:EVI) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Friday.

Separately, TheStreet cut Envirostar from a “b” rating to a “c+” rating in a research note on Monday, October 2nd.

Envirostar (NYSEMKT EVI) traded down 1.64% during mid-day trading on Friday, hitting $24.05. 74,324 shares of the stock were exchanged. The stock has a market capitalization of $249.37 million, a P/E ratio of 72.22 and a beta of 0.42. Envirostar has a 12-month low of $7.02 and a 12-month high of $36.00. The firm has a 50-day moving average price of $28.79 and a 200-day moving average price of $25.40.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. bought a new position in shares of Envirostar during the 2nd quarter worth approximately $214,000. Teachers Advisors LLC bought a new position in shares of Envirostar during the 2nd quarter worth approximately $170,000. TIAA CREF Investment Management LLC bought a new position in shares of Envirostar during the 2nd quarter worth approximately $257,000. New York State Common Retirement Fund bought a new position in shares of Envirostar during the 2nd quarter worth approximately $100,000. Finally, Northern Trust Corp bought a new position in shares of Envirostar during the 2nd quarter worth approximately $1,005,000.

About Envirostar

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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