Stock Performance Spotlight: AvePoint Inc (AVPT) Ends the Day at 9.91, Up by 1.64

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As of close of business last night, AvePoint Inc’s stock clocked out at $9.91, up 1.64% from its previous closing price of $9.75. In other words, the price has increased by $1.64 from its previous closing price. On the day, 1.57 million shares were traded. AVPT stock price reached its highest trading level at $9.995 during the session, while it also had its lowest trading level at $9.7205.

Ratios:

To gain a deeper understanding of AVPT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 1.86. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 03 ’24 when Brown Brian Michael sold 20,000 shares for $9.05 per share. The transaction valued at 181,000 led to the insider holds 1,323,930 shares of the business.

Caci James sold 40,000 shares of AVPT for $361,600 on May 20 ’24. The Chief Financial Officer now owns 665,097 shares after completing the transaction at $9.04 per share. On May 01 ’24, another insider, Brown Brian Michael, who serves as the Chief Legal Officer of the company, sold 20,000 shares for $7.86 each. As a result, the insider received 157,200 and left with 1,351,240 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, AVPT now has a Market Capitalization of 1836223872 and an Enterprise Value of 1631860352. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.40 while its Price-to-Book (P/B) ratio in mrq is 8.69. Its current Enterprise Value per Revenue stands at 5.69 whereas that against EBITDA is -334.947.

Stock Price History:

The Beta on a monthly basis for AVPT is 0.88, which has changed by 0.6353135 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, AVPT has reached a high of $9.79, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 16.00%, while the 200-Day Moving Average is calculated to be 25.36%.

Shares Statistics:

It appears that AVPT traded 942.19K shares on average per day over the past three months and 1474670 shares per day over the past ten days. A total of 184.65M shares are outstanding, with a floating share count of 98.50M. Insiders hold about 46.84% of the company’s shares, while institutions hold 35.03% stake in the company. Shares short for AVPT as of 1715731200 were 6423228 with a Short Ratio of 7.22, compared to 1713139200 on 6500046. Therefore, it implies a Short% of Shares Outstanding of 6423228 and a Short% of Float of 5.06.

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