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The price of ACV Auctions Inc (NASDAQ: ACVA) closed at $21.94 in the last session, down -2.88% from day before closing price of $22.59. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 0.98 million shares were traded. ACVA stock price reached its highest trading level at $22.79 during the session, while it also had its lowest trading level at $21.882.
Ratios:
We take a closer look at ACVA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 98.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
On June 10, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $21.
Northcoast Upgraded its Neutral to Buy on January 10, 2024, while the target price for the stock was maintained at $22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when ZERELLA WILLIAM sold 32,500 shares for $22.41 per share. The transaction valued at 728,325 led to the insider holds 490,482 shares of the business.
WILLIAM ZERELLA bought 32,500 shares of ACVA for $746,200 on Nov 26 ’24. On Nov 18 ’24, another insider, 15 Angels III LLC, who serves as the Director of the company, bought 27,071 shares for $20.72 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACVA now has a Market Capitalization of 3678021632 and an Enterprise Value of 3546626816. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.17 while its Price-to-Book (P/B) ratio in mrq is 8.03. Its current Enterprise Value per Revenue stands at 5.951 whereas that against EBITDA is -63.169.
Stock Price History:
Over the past 52 weeks, ACVA has reached a high of $23.46, while it has fallen to a 52-week low of $12.84. The 50-Day Moving Average of the stock is 10.63%, while the 200-Day Moving Average is calculated to be 18.24%.
Shares Statistics:
According to the various share statistics, ACVA traded on average about 1.47M shares per day over the past 3-months and 1554630 shares per day over the past 10 days. A total of 157.72M shares are outstanding, with a floating share count of 153.10M. Insiders hold about 8.67% of the company’s shares, while institutions hold 92.92% stake in the company. Shares short for ACVA as of 1731628800 were 8665821 with a Short Ratio of 5.89, compared to 1728950400 on 8271832. Therefore, it implies a Short% of Shares Outstanding of 8665821 and a Short% of Float of 5.510000000000001.
