Market Insights: Advantage Solutions Inc. (ADV)’s Notable Gain of 4.23, Closing at 4.68

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

As of close of business last night, Advantage Solutions Inc.’s stock clocked out at $4.68, up 4.23% from its previous closing price of $4.49. In other words, the price has increased by $4.23 from its previous closing price. On the day, 1.28 million shares were traded. ADV stock price reached its highest trading level at $4.82 during the session, while it also had its lowest trading level at $4.51.

Ratios:

To gain a deeper understanding of ADV’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.69.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1499598336 and an Enterprise Value of 3201682944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 0.758 whereas that against EBITDA is 8.568.

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 $1.13. The 50-Day Moving Average of the stock is 14.80%, while the 200-Day Moving Average is calculated to be 44.48%.

Shares Statistics:

It appears that ADV traded 668.01K shares on average per day over the past three months and 1001580 shares per day over the past ten days. A total of 318.64M shares are outstanding, with a floating share count of 17.36M. Insiders hold about 94.58% of the company’s shares, while institutions hold 19.25% stake in the company. Shares short for ADV as of 1711584000 were 7016775 with a Short Ratio of 10.50, compared to 1709164800 on 6604685. Therefore, it implies a Short% of Shares Outstanding of 7016775 and a Short% of Float of 7.470000000000001.

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