The stock of Envirostar Inc (NYSEMKT:EVI) is a huge mover today! About 76,053 shares traded hands or 111.75% up from the average. Envirostar Inc (NYSEMKT:EVI) has risen 168.09% since March 2, 2016 and is uptrending. It has outperformed by 159.83% the S&P500.
The move comes after 6 months negative chart setup for the $53.63 million company. It was reported on Oct, 5 by Barchart.com. We have $6.83 PT which if reached, will make NYSEMKT:EVI worth $6.97M less.
According to Zacks Investment Research, “EnviroStar, Inc., through its main subsidiary Steiner-Atlantic Corp., distributes industrial boilers, commercial laundry and dry cleaning equipment, parts and technical service in the United States, the Caribbean and Latin America. Their products include their proprietary lines of machines under the Aero-Tech, Multi-Jet and Green Jet brand names as well as brands such as MILNOR, CHICAGO, ADC, CLEAVER-BROOKS, FULTON, IPSO, CISSELL, UNION, REMA, INGERSOLL-RAND, UNIPRESS, FORENTA, and WHITE. The Company seeks to establish customer satisfaction by offering: design and layout assistance with their in-house architectural design services; competitive pricing; comprehensive equipment, parts and accessories; full-service delivery, rigging, startup, training and preventive maintenance programs; full-service staff with toll-free support line to resolve customer service and technical issues. The Company emphasizes on sales of environmentally safe and efficient equipment into various commercial and industrial markets.”
More important recent Envirostar Inc (NYSEMKT:EVI) news were published by: Finance.Yahoo.com which released: “EnviroStar, Inc. Announces Year End Results” on September 19, 2016, also Businesswire.com published article titled: “EnviroStar, Inc. Announces a Change in Control”, Businesswire.com published: “EnviroStar, Inc. Appoints a New Director” on May 18, 2015. More interesting news about Envirostar Inc (NYSEMKT:EVI) was released by: Seekingalpha.com and their article: “EnviroStar Is Still A Great Long-Term Investment” with publication date: September 23, 2015.
EVI Company Profile
EnviroStar, Inc., incorporated on June 13, 1963, 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 creates and plans laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers. The Company, through its subsidiary, DRYCLEAN USA License Corp. owns rights to the name DRYCLEAN USA, which it franchises and licenses to retail drycleaners in the United States, the Caribbean and Latin America. The Company’s divisions include Commercial and industrial laundry and dry cleaning equipment and boilers, and license and franchise operations. Steiner-Atlantic Corp. sells its products in the United States, the Caribbean and Latin American markets.
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