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The price of ACV Auctions Inc (NASDAQ: ACVA) closed at $18.62 in the last session, up 0.27% from day before closing price of $18.57. In other words, the price has increased by $0.27 from its previous closing price. On the day, 1.0 million shares were traded. ACVA stock price reached its highest trading level at $18.81 during the session, while it also had its lowest trading level at $18.411.
Ratios:
We take a closer look at ACVA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1607.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
On January 10, 2024, Northcoast Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $22.
On July 20, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $23.B. Riley Securities initiated its Buy rating on July 20, 2023, with a $23 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 15 ’24 when Peer Andrew sold 1,150 shares for $19.00 per share. The transaction valued at 21,850 led to the insider holds 8,336 shares of the business.
15 Angels III LLC bought 4,557 shares of ACVA for $84,805 on Aug 16 ’24. On Aug 16 ’24, another insider, Bessemer Venture Partners IX L, who serves as the Director of the company, bought 275,070 shares for $18.62 each.
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 3101831424 and an Enterprise Value of 2970537472. 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 6.76. Its current Enterprise Value per Revenue stands at 5.464 whereas that against EBITDA is -44.939.
Stock Price History:
Over the past 52 weeks, ACVA has reached a high of $19.63, while it has fallen to a 52-week low of $12.84. The 50-Day Moving Average of the stock is 5.21%, while the 200-Day Moving Average is calculated to be 12.57%.
Shares Statistics:
According to the various share statistics, ACVA traded on average about 1.18M shares per day over the past 3-months and 1675110 shares per day over the past 10 days. A total of 166.59M shares are outstanding, with a floating share count of 146.44M. Insiders hold about 12.10% of the company’s shares, while institutions hold 91.36% stake in the company. Shares short for ACVA as of 1722384000 were 10017372 with a Short Ratio of 8.50, compared to 1719532800 on 9584242. Therefore, it implies a Short% of Shares Outstanding of 10017372 and a Short% of Float of 6.6300004999999995.
