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The price of AvePoint Inc (NASDAQ: AVPT) closed at $15.85 in the last session, up 0.96% from day before closing price of $15.70. In other words, the price has increased by $0.96 from its previous closing price. On the day, 1.89 million shares were traded. AVPT stock price reached its highest trading level at $15.95 during the session, while it also had its lowest trading level at $15.38.
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 11.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.89. 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 Oct 18 ’24 when Lu Zhijian sold 10,000 shares for $12.24 per share. The transaction valued at 122,400 led to the insider holds 18,330,673 shares of the business.
Lu Zhijian sold 10,000 shares of AVPT for $121,000 on Oct 21 ’24. The 10% Owner now owns 18,320,673 shares after completing the transaction at $12.10 per share. On Oct 17 ’24, another insider, Lu Zhijian, who serves as the 10% Owner of the company, sold 10,000 shares for $12.10 each. As a result, the insider received 121,000 and left with 18,340,673 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 2972049664 and an Enterprise Value of 2738867200. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.41 while its Price-to-Book (P/B) ratio in mrq is 13.89. Its current Enterprise Value per Revenue stands at 8.669 whereas that against EBITDA is 323.781.
Stock Price History:
Over the past 52 weeks, AVPT has reached a high of $15.77, while it has fallen to a 52-week low of $7.08. The 50-Day Moving Average of the stock is 29.67%, while the 200-Day Moving Average is calculated to be 61.33%.
Shares Statistics:
According to the various share statistics, AVPT traded on average about 945.60K shares per day over the past 3-months and 1016120 shares per day over the past 10 days. A total of 184.65M shares are outstanding, with a floating share count of 100.39M. Insiders hold about 46.46% of the company’s shares, while institutions hold 36.13% stake in the company. Shares short for AVPT as of 1728950400 were 4950183 with a Short Ratio of 5.08, compared to 1726185600 on 4687781. Therefore, it implies a Short% of Shares Outstanding of 4950183 and a Short% of Float of 3.85.