Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
ACV Auctions Inc (NASDAQ: ACVA) closed the day trading at $21.35 down -3.61% from the previous closing price of $22.15. In other words, the price has decreased by -$3.61 from its previous closing price. On the day, 1.21 million shares were traded. ACVA stock price reached its highest trading level at $22.15 during the session, while it also had its lowest trading level at $21.165.
Ratios:
For a better understanding of ACVA, 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 12.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
On June 10, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $21.
Northcoast Upgraded its Neutral to Buy on January 10, 2024, while the target price for the stock was maintained at $22.
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 Dec 10 ’24 when GEORGE G CHAMOUN bought 350,000 shares for $22.15 per share.
CRAIG ANDERSON bought 248,051 shares of ACVA for $5,541,459 on Dec 09 ’24. On Nov 26 ’24, another insider, ZERELLA WILLIAM, who serves as the Chief Financial Officer of the company, sold 32,500 shares for $22.41 each. As a result, the insider received 728,325 and left with 490,482 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, ACVA now has a Market Capitalization of 3579113984 and an Enterprise Value of 3581831168. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.01 while its Price-to-Book (P/B) ratio in mrq is 7.82. Its current Enterprise Value per Revenue stands at 6.01 whereas that against EBITDA is -63.796.
Stock Price History:
Over the past 52 weeks, ACVA has reached a high of $23.46, while it has fallen to a 52-week low of $12.84. The 50-Day Moving Average of the stock is 7.19%, while the 200-Day Moving Average is calculated to be 14.56%.
Shares Statistics:
Over the past 3-months, ACVA traded about 1.41M shares per day on average, while over the past 10 days, ACVA traded about 1369210 shares per day. A total of 157.72M shares are outstanding, with a floating share count of 153.10M. Insiders hold about 8.67% of the company’s shares, while institutions hold 92.84% stake in the company. Shares short for ACVA as of 1731628800 were 8665821 with a Short Ratio of 6.16, compared to 1728950400 on 8271832. Therefore, it implies a Short% of Shares Outstanding of 8665821 and a Short% of Float of 5.510000000000001.
