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AvePoint Inc (NASDAQ: AVPT) closed the day trading at $11.66 down -1.02% from the previous closing price of $11.78. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 0.73 million shares were traded. AVPT stock price reached its highest trading level at $11.82 during the session, while it also had its lowest trading level at $11.65.
Ratios:
For a better understanding of AVPT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.30. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when Lu Zhijian sold 10,000 shares for $11.91 per share. The transaction valued at 119,100 led to the insider holds 18,430,673 shares of the business.
Lu Zhijian sold 10,000 shares of AVPT for $118,700 on Sep 17 ’24. The 10% Owner now owns 18,420,673 shares after completing the transaction at $11.87 per share. On Sep 18 ’24, another insider, Lu Zhijian, who serves as the 10% Owner of the company, sold 10,000 shares for $11.73 each. As a result, the insider received 117,300 and left with 18,410,673 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 2177213440 and an Enterprise Value of 1961781632. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.26 while its Price-to-Book (P/B) ratio in mrq is 10.57. Its current Enterprise Value per Revenue stands at 6.542 whereas that against EBITDA is 6835.476.
Stock Price History:
Over the past 52 weeks, AVPT has reached a high of $12.09, while it has fallen to a 52-week low of $6.41. The 50-Day Moving Average of the stock is 7.21%, while the 200-Day Moving Average is calculated to be 29.92%.
Shares Statistics:
Over the past 3-months, AVPT traded about 1.22M shares per day on average, while over the past 10 days, AVPT traded about 823020 shares per day. A total of 184.65M shares are outstanding, with a floating share count of 99.83M. Insiders hold about 46.53% of the company’s shares, while institutions hold 35.78% stake in the company. Shares short for AVPT as of 1724976000 were 7128820 with a Short Ratio of 5.82, compared to 1722384000 on 6987286. Therefore, it implies a Short% of Shares Outstanding of 7128820 and a Short% of Float of 5.55.
