Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of AvePoint Inc (NASDAQ: AVPT) closed at $18.72 in the last session, up 1.52% from day before closing price of $18.44. In other words, the price has increased by $1.52 from its previous closing price. On the day, 1.67 million shares were traded. AVPT stock price reached its highest trading level at $18.89 during the session, while it also had its lowest trading level at $18.46.
Ratios:
We take a closer look at AVPT’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 14.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 1.75. 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:
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 20 ’24 when Caci James sold 20,215 shares for $17.12 per share. The transaction valued at 346,081 led to the insider holds 591,890 shares of the business.
Lu Zhijian sold 10,000 shares of AVPT for $178,100 on Nov 21 ’24. The 10% Owner now owns 18,260,673 shares after completing the transaction at $17.81 per share. On Nov 20 ’24, another insider, Lu Zhijian, who serves as the 10% Owner of the company, sold 10,000 shares for $17.12 each. As a result, the insider received 171,200 and left with 18,270,673 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 3510205952 and an Enterprise Value of 3277024512. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.11 while its Price-to-Book (P/B) ratio in mrq is 16.41. Its current Enterprise Value per Revenue stands at 10.373 whereas that against EBITDA is 387.401.
Stock Price History:
The Beta on a monthly basis for AVPT is 1.02, which has changed by 1.3165829 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, AVPT has reached a high of $19.16, while it has fallen to a 52-week low of $7.08. The 50-Day Moving Average of the stock is 6.10%, while the 200-Day Moving Average is calculated to be 51.60%.
Shares Statistics:
According to the various share statistics, AVPT traded on average about 1.32M shares per day over the past 3-months and 1125060 shares per day over the past 10 days. A total of 187.43M shares are outstanding, with a floating share count of 99.96M. Insiders hold about 46.69% of the company’s shares, while institutions hold 39.47% stake in the company. Shares short for AVPT as of 1736899200 were 6524555 with a Short Ratio of 4.95, compared to 1734048000 on 7835250. Therefore, it implies a Short% of Shares Outstanding of 6524555 and a Short% of Float of 5.050000000000001.
