BidaskClub cut shares of Envirostar Inc (NYSEMKT:EVI) from a buy rating to a hold rating in a research note published on Tuesday.

Envirostar (EVI) opened at 25.2499 on Tuesday. The firm has a market cap of $261.82 million, a P/E ratio of 75.8255 and a beta of 0.42. Envirostar has a 52 week low of $6.66 and a 52 week high of $36.00. The company has a 50-day moving average of $30.15 and a 200 day moving average of $25.26.

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Institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund purchased a new stake in shares of Envirostar during the second quarter valued at $100,000. California State Teachers Retirement System acquired a new position in shares of Envirostar in the 2nd quarter valued at $168,000. Teachers Advisors LLC acquired a new position in shares of Envirostar in the 2nd quarter valued at $170,000. Schwab Charles Investment Management Inc. purchased a new position in Envirostar in the 2nd quarter worth about $214,000. Finally, Virtu KCG Holdings LLC purchased a new position in Envirostar in the 2nd quarter worth about $249,000.

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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