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After finishing at $7.66 in the prior trading day, AvidXchange Holdings Inc (NASDAQ: AVDX) closed at $7.71, up 0.65%. In other words, the price has increased by $0.65 from its previous closing price. On the day, 1.14 million shares were traded.
Ratios:
Our goal is to gain a better understanding of AVDX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 the company, Barclays on March 04, 2025, Downgraded its rating to Equal Weight and sets its target price to $8 from $13 previously.
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 Mar 17 ’25 when Praeger Michael sold 92,215 shares for $8.25 per share. The transaction valued at 760,626 led to the insider holds 11,045,186 shares of the business.
Praeger Michael sold 27,336 shares of AVDX for $219,478 on Mar 14 ’25. The Chief Executive Officer now owns 11,137,401 shares after completing the transaction at $8.03 per share. On Mar 14 ’25, another insider, Michael Praeger, who serves as the Officer of the company, bought 119,551 shares for $7.92 each.
Valuation Measures:
As of this moment, AvidXchange’s Price-to-Earnings (P/E) ratio for their current fiscal year is 197.69, and their Forward P/E ratio for the next fiscal year is 22.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 2.34.
Stock Price History:
Over the past 52 weeks, AVDX has reached a high of $12.93, while it has fallen to a 52-week low of $6.61. The 50-Day Moving Average of the stock is -5.90%, while the 200-Day Moving Average is calculated to be -17.00%.
Shares Statistics:
A total of 204.34M shares are outstanding, with a floating share count of 160.72M. Insiders hold about 21.38% of the company’s shares, while institutions hold 72.64% stake in the company.