Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
ACV Auctions Inc (NASDAQ: ACVA) closed the day trading at $20.30 down -3.84% from the previous closing price of $21.11. In other words, the price has decreased by -$3.84 from its previous closing price. On the day, 1.12 million shares were traded. ACVA stock price reached its highest trading level at $21.49 during the session, while it also had its lowest trading level at $20.13.
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 11.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 90.82. 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 Jan 07 ’25 when MICHAEL WATERMAN bought 45,162 shares for $21.11 per share.
WILLIAM ZERELLA bought 45,000 shares of ACVA for $949,950 on Jan 07 ’25. On Dec 30 ’24, another insider, ZERELLA WILLIAM, who serves as the Chief Financial Officer of the company, sold 32,500 shares for $21.65 each. As a result, the insider received 703,625 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 3403091968 and an Enterprise Value of 3271697152. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.71 while its Price-to-Book (P/B) ratio in mrq is 7.43. Its current Enterprise Value per Revenue stands at 5.489 whereas that against EBITDA is -58.272.
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 -2.33%, while the 200-Day Moving Average is calculated to be 7.27%.
Shares Statistics:
Over the past 3-months, ACVA traded about 1.38M shares per day on average, while over the past 10 days, ACVA traded about 1252640 shares per day. A total of 157.72M shares are outstanding, with a floating share count of 153.18M. Insiders hold about 8.62% of the company’s shares, while institutions hold 92.86% stake in the company. Shares short for ACVA as of 1734048000 were 8492182 with a Short Ratio of 6.15, compared to 1731628800 on 8665821. Therefore, it implies a Short% of Shares Outstanding of 8492182 and a Short% of Float of 5.4.
