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In the latest session, AvePoint Inc (NASDAQ: AVPT) closed at $12.15 down -1.06% from its previous closing price of $12.28. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 0.55 million shares were traded. AVPT stock price reached its highest trading level at $12.3269 during the session, while it also had its lowest trading level at $11.975.
Ratios:
For a deeper understanding of AvePoint Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on February 14, 2023, initiated with a Neutral rating and assigned the stock a target price of $5.50.
On November 04, 2022, Citigroup started tracking the stock assigning a Neutral rating and target price of $4.50.
Goldman Downgraded its Buy to Neutral on March 21, 2022, while the target price for the stock was maintained at $7.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 14 ’24 when Lu Zhijian sold 10,000 shares for $12.37 per share. The transaction valued at 123,700 led to the insider holds 18,370,673 shares of the business.
Lu Zhijian sold 10,000 shares of AVPT for $122,400 on Oct 16 ’24. The 10% Owner now owns 18,350,673 shares after completing the transaction at $12.24 per share. On Oct 15 ’24, another insider, Lu Zhijian, who serves as the 10% Owner of the company, sold 10,000 shares for $12.18 each. As a result, the insider received 121,800 and left with 18,360,673 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AVPT now has a Market Capitalization of 2268708608 and an Enterprise Value of 2053276672. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.57 while its Price-to-Book (P/B) ratio in mrq is 11.01. Its current Enterprise Value per Revenue stands at 6.847 whereas that against EBITDA is 7154.274.
Stock Price History:
Over the past 52 weeks, AVPT has reached a high of $12.66, while it has fallen to a 52-week low of $6.96. The 50-Day Moving Average of the stock is 5.91%, while the 200-Day Moving Average is calculated to be 29.82%.
Shares Statistics:
For the past three months, AVPT has traded an average of 1.09M shares per day and 611060 over the past ten days. A total of 184.65M shares are outstanding, with a floating share count of 99.94M. Insiders hold about 46.48% of the company’s shares, while institutions hold 35.79% stake in the company. Shares short for AVPT as of 1727654400 were 5175735 with a Short Ratio of 4.74, compared to 1724976000 on 7128820. Therefore, it implies a Short% of Shares Outstanding of 5175735 and a Short% of Float of 4.03.
