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.
In the latest session, AvePoint Inc (NASDAQ: AVPT) closed at $15.30 up 3.10% from its previous closing price of $14.84. In other words, the price has increased by $3.10 from its previous closing price. On the day, 1.51 million shares were traded.
Ratios:
For a deeper understanding of AvePoint 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 10.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.06 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:
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 Nov 20 ’24 when Caci James sold 20,215 shares for $17.12 per share. The transaction valued at 346,081 led to the insider holds 591,890 shares of the business.
Lu Zhijian sold 10,000 shares of AVPT for $178,100 on Nov 21 ’24. The 10% Owner now owns 18,260,673 shares after completing the transaction at $17.81 per share. On Nov 20 ’24, another insider, Lu Zhijian, who serves as the 10% Owner of the company, sold 10,000 shares for $17.12 each. As a result, the insider received 171,200 and left with 18,270,673 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.34 while its Price-to-Book (P/B) ratio in mrq is 11.03.
Stock Price History:
Over the past 52 weeks, AVPT has reached a high of $19.90, while it has fallen to a 52-week low of $7.08. The 50-Day Moving Average of the stock is -13.39%, while the 200-Day Moving Average is calculated to be 13.30%.
Shares Statistics:
A total of 194.07M shares are outstanding, with a floating share count of 107.11M. Insiders hold about 46.93% of the company’s shares, while institutions hold 42.84% stake in the company.
