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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.92 million shares were traded. AVDX stock price reached its highest trading level at $8.05 during the session, while it also had its lowest trading level at $7.895.
Ratios:
Our analysis of AVDX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.
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, JP Morgan on August 20, 2024, Downgraded its rating to Neutral and sets its target price to $9 from $11 previously.
On August 01, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $15 to $10.
Goldman Downgraded its Neutral to Sell on April 15, 2024, whereas the target price for the stock was revised from $13 to $11.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 23 ’24 when Wilhite Joel sold 47,308 shares for $8.10 per share. The transaction valued at 383,195 led to the insider holds 413,687 shares of the business.
Wilhite Joel bought 19,731 shares of AVDX for $158,627 on Aug 23 ’24. On Jun 11 ’24, another insider, Praeger Michael, who serves as the Chief Executive Officer of the company, sold 29,192 shares for $10.85 each. As a result, the insider received 316,675 and left with 10,440,510 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, AVDX now has a Market Capitalization of 1662768000 and an Enterprise Value of 1340337024. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.02 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 3.242 whereas that against EBITDA is 74.261.
Stock Price History:
Over the past 52 weeks, AVDX has reached a high of $13.56, while it has fallen to a 52-week low of $6.88. The 50-Day Moving Average of the stock is -23.83%, while the 200-Day Moving Average is calculated to be -29.05%.
Shares Statistics:
AVDX traded an average of 2.48M shares per day over the past three months and 1814550 shares per day over the past ten days. A total of 204.08M shares are outstanding, with a floating share count of 159.42M. Insiders hold about 23.30% of the company’s shares, while institutions hold 75.95% stake in the company. Shares short for AVDX as of 1722384000 were 7462619 with a Short Ratio of 2.04, compared to 1719532800 on 8723742. Therefore, it implies a Short% of Shares Outstanding of 7462619 and a Short% of Float of 4.01.
