AcuityAds Holdings Inc. (NASDAQ:ATY) went down by -25.43% from its latest closing price compared to the recent 1-year high of $13.00. The company’s stock price has collected -23.68% of loss in the last five trading sessions.
Is It Worth Investing in AcuityAds Holdings Inc. (NASDAQ :ATY) Right Now?
AcuityAds Holdings Inc. (NASDAQ:ATY) scored a price-to-earnings ratio above its average ratio, recording 13.49 x from its present earnings ratio. Opinions of the stock are interesting as 5 analysts out of 8 who provided ratings for AcuityAds Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.72. ATY currently public float of 54.51M and currently shorts hold a 0.31% ratio of that float. Today, the average trading volume of ATY was 112.28K shares.
ATY’s Market Performance
ATY stocks went down by -23.68% for the week, with a monthly drop of -24.92% and a quarterly performance of -24.43%, while its annual performance rate touched -77.21%. The volatility ratio for the week stands at 8.06% while the volatility levels for the past 30 days are set at 6.12% for AcuityAds Holdings Inc.. The simple moving average for the period of the last 20 days is -42.38% for ATY stocks with a simple moving average of -62.85% for the last 200 days.
Analysts’ Opinion of ATY
Many brokerage firms have already submitted their reports for ATY stocks, with Lake Street repeating the rating for ATY by listing it as a “Hold.” The predicted price for ATY in the upcoming period, according to Lake Street is $5 based on the research report published on November 04th of the previous year 2021.
Needham gave a rating of “Buy” to ATY, setting the target price at $14 in the report published on July 06th of the previous year.
ATY Trading at -40.53% from the 50-Day Moving Average
After a stumble in the market that brought ATY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.69% of loss for the given period.
Volatility was left at 6.12%, however, over the last 30 days, the volatility rate increased by 8.06%, as shares sank -45.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.97% lower at present.
During the last 5 trading sessions, ATY fell by -36.33%, which changed the moving average for the period of 200-days by -78.95% in comparison to the 20-day moving average, which settled at $2.93. In addition, AcuityAds Holdings Inc. saw -38.30% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ATY
Current profitability levels for the company are sitting at:
- +7.69 for the present operating margin
- +47.95 for the gross margin
The net margin for AcuityAds Holdings Inc. stands at +8.65.
The liquidity ratio also appears to be rather interesting for investors as it stands at 4.44.