In the past week, ACVA stock has gone down by -4.34%, with a monthly decline of -7.31% and a quarterly surge of 10.96%. The volatility ratio for the week is 4.58%, and the volatility levels for the last 30 days are 4.58% for ACV Auctions Inc The simple moving average for the past 20 days is -1.27% for ACVA’s stock, with a 11.91% simple moving average for the past 200 days.
Is It Worth Investing in ACV Auctions Inc (NASDAQ: ACVA) Right Now?
The 36-month beta value for ACVA is also noteworthy at 1.69. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for ACVA is 153.18M, and at present, short sellers hold a 5.54% of that float. The average trading volume of ACVA on January 03, 2025 was 1.38M shares.
ACVA) stock’s latest price update
ACV Auctions Inc (NASDAQ: ACVA) has seen a rise in its stock price by 1.05 in relation to its previous close of 20.94. However, the company has experienced a -4.34% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-18 that BUFFALO, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) — ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference on Monday, November 25, 2024 at 11:00 am ET.
Analysts’ Opinion of ACVA
Many brokerage firms have already submitted their reports for ACVA stocks, with Raymond James repeating the rating for ACVA by listing it as a “Mkt Perform.” The predicted price for ACVA in the upcoming period, according to Raymond James is $22 based on the research report published on September 27, 2024 of the previous year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see ACVA reach a price target of $21. The rating they have provided for ACVA stocks is “Overweight” according to the report published on June 10th, 2024.
Northcoast gave a rating of “Buy” to ACVA, setting the target price at $22 in the report published on January 10th of the previous year.
ACVA Trading at 2.36% from the 50-Day Moving Average
After a stumble in the market that brought ACVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.79% of loss for the given period.
Volatility was left at 4.58%, however, over the last 30 days, the volatility rate increased by 4.58%, as shares sank -6.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.87% upper at present.
During the last 5 trading sessions, ACVA fell by -4.46%, which changed the moving average for the period of 200-days by +14.55% in comparison to the 20-day moving average, which settled at $21.43. In addition, ACV Auctions Inc saw -2.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ACVA starting from ZERELLA WILLIAM, who sale 32,500 shares at the price of $21.65 back on Dec 30 ’24. After this action, ZERELLA WILLIAM now owns 490,482 shares of ACV Auctions Inc, valued at $703,625 using the latest closing price.
WILLIAM ZERELLA, the Officer of ACV Auctions Inc, proposed sale 32,500 shares at $21.80 during a trade that took place back on Dec 30 ’24, which means that WILLIAM ZERELLA is holding shares at $708,500 based on the most recent closing price.
Stock Fundamentals for ACVA
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.51 for the gross margin
The net margin for ACV Auctions Inc stands at -0.13. The total capital return value is set at -0.13. Equity return is now at value -16.64, with -7.71 for asset returns.
Based on ACV Auctions Inc (ACVA), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is -31.11.
Currently, EBITDA for the company is -53.88 million with net debt to EBITDA at 3.23. When we switch over and look at the enterprise to sales, we see a ratio of 5.71. The receivables turnover for the company is 1.78for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In summary, ACV Auctions Inc (ACVA) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
