AvePoint Inc (AVPT) Stock: Evaluating the Annual Growth

The stock of AvePoint Inc (AVPT) has seen a -1.56% decrease in the past week, with a 11.95% gain in the past month, and a 24.17% flourish in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.84% for AVPT. The simple moving average for the last 20 days is 2.26% for AVPT stock, with a simple moving average of 24.47% for the last 200 days.

Is It Worth Investing in AvePoint Inc (NASDAQ: AVPT) Right Now?

The stock has a 36-month beta value of 0.88. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for AVPT is 98.16M, and at present, short sellers hold a 6.67% of that float. On July 11, 2024, the average trading volume of AVPT was 1.03M shares.

AVPT) stock’s latest price update

AvePoint Inc (NASDAQ: AVPT) has seen a rise in its stock price by 1.30 in relation to its previous close of 9.99. However, the company has experienced a -1.56% decline in its stock price over the last five trading sessions. investorplace.com reported 2024-06-27 that When searching for a new position to get in early on, a lack of Wall Street coverage and analyst excitement can be a good thing. After all, too much hype can quickly result in a stock becoming overvalued, leading to a potential loss.

Analysts’ Opinion of AVPT

Many brokerage firms have already submitted their reports for AVPT stocks, with Goldman repeating the rating for AVPT by listing it as a “Neutral.” The predicted price for AVPT in the upcoming period, according to Goldman is $5.50 based on the research report published on February 14, 2023 of the previous year 2023.

Citigroup, on the other hand, stated in their research note that they expect to see AVPT reach a price target of $4.50. The rating they have provided for AVPT stocks is “Neutral” according to the report published on November 04th, 2022.

Goldman gave a rating of “Neutral” to AVPT, setting the target price at $7 in the report published on March 21st of the previous year.

AVPT Trading at 10.52% from the 50-Day Moving Average

After a stumble in the market that brought AVPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.34% of loss for the given period.

Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares surge +11.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.48% upper at present.

During the last 5 trading sessions, AVPT fell by -1.56%, which changed the moving average for the period of 200-days by +53.33% in comparison to the 20-day moving average, which settled at $9.95. In addition, AvePoint Inc saw 23.26% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AVPT starting from Brown Brian Michael, who sale 20,000 shares at the price of $10.37 back on Jul 01 ’24. After this action, Brown Brian Michael now owns 1,297,373 shares of AvePoint Inc, valued at $207,400 using the latest closing price.

Brown Brian Michael, the Chief Legal Officer of AvePoint Inc, sale 20,000 shares at $9.05 during a trade that took place back on Jun 03 ’24, which means that Brown Brian Michael is holding 1,323,930 shares at $181,000 based on the most recent closing price.

Stock Fundamentals for AVPT

Current profitability levels for the company are sitting at:

  • -0.03 for the present operating margin
  • 0.72 for the gross margin

The net margin for AvePoint Inc stands at -0.05. The total capital return value is set at -0.04. Equity return is now at value -6.50, with -3.49 for asset returns.

Based on AvePoint Inc (AVPT), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 3.08. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -6.03.

Currently, EBITDA for the company is -10.36 million with net debt to EBITDA at -93.16. When we switch over and look at the enterprise to sales, we see a ratio of 5.83. The receivables turnover for the company is 3.91for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.

Conclusion

To sum up, AvePoint Inc (AVPT) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts