Market Insight: Advantage Solutions Inc. (ADV)’s Notable Drop, Closing at 2.99

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Advantage Solutions Inc. (NASDAQ: ADV) closed at $2.99 down -0.99% from its previous closing price of $3.02. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 0.93 million shares were traded. ADV stock price reached its highest trading level at $3.015 during the session, while it also had its lowest trading level at $2.93.

Ratios:

For a deeper understanding of Advantage Solutions 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 7.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 1.64.

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, Canaccord Genuity on December 06, 2023, initiated with a Buy rating and assigned the stock a target price of $4.

On March 30, 2022, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $7.Deutsche Bank initiated its Hold rating on March 30, 2022, with a $7 target price.

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 Mar 11 ’24 when Pestello Jack Anthony bought 10,000 shares for $3.87 per share. The transaction valued at 38,700 led to the insider holds 146,279 shares of the business.

Growe Christopher bought 10,000 shares of ADV for $34,868 on Mar 06 ’24. The Chief Financial Officer now owns 110,000 shares after completing the transaction at $3.49 per share. On Mar 04 ’24, another insider, PEACOCK DAVID A, who serves as the Chief Executive Officer of the company, bought 15,000 shares for $3.60 each. As a result, the insider paid 54,026 and bolstered with 1,968,112 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, ADV now has a Market Capitalization of 963318208 and an Enterprise Value of 2638582784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.634 whereas that against EBITDA is 7.808.

Stock Price History:

Over the past 52 weeks, ADV has reached a high of $4.95, while it has fallen to a 52-week low of $1.85. The 50-Day Moving Average of the stock is -24.11%, while the 200-Day Moving Average is calculated to be -12.98%.

Shares Statistics:

For the past three months, ADV has traded an average of 888.65K shares per day and 952090 over the past ten days. A total of 318.64M shares are outstanding, with a floating share count of 25.85M. Insiders hold about 91.98% of the company’s shares, while institutions hold 19.02% stake in the company. Shares short for ADV as of 1715731200 were 7865778 with a Short Ratio of 8.85, compared to 1713139200 on 7323889. Therefore, it implies a Short% of Shares Outstanding of 7865778 and a Short% of Float of 6.819999999999999.

Most Popular