AvePoint Inc. (NASDAQ: AVPT) on May 22, 2023, started off the session at the price of $5.72, soaring 6.47% from the previous trading day. During the day, the shares moved up to $6.11 and dropped to $5.715 before settling in for the closing price of $5.72. Within the past 52 weeks, AVPT’s price has moved between $3.40 and $6.13.
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The company achieved an average annual earnings per share of 52.50%. With a float of $116.80 million, this company’s outstanding shares have now reached $182.82 million.
Let’s determine the extent of company efficiency that accounts for 2187 employees. In terms of profitability, gross margin is +70.64, operating margin of -17.37, and the pretax margin is -14.48.
AvePoint Inc. (AVPT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of AvePoint Inc. is 2.60%, while institutional ownership is 40.40%.
AvePoint Inc. (AVPT) Recent Fiscal highlights
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.01) by $0.01. This company achieved a net margin of -17.92 while generating a return on equity of -17.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.50% per share during the next fiscal year.
AvePoint Inc. (NASDAQ: AVPT) Trading Performance Indicators
AvePoint Inc. (AVPT) is currently performing well based on its current performance indicators. A quick ratio of 2.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.83. Likewise, its price to free cash flow for the trailing twelve months is 333.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.14 in one year’s time.
Technical Analysis of AvePoint Inc. (AVPT)
Looking closely at AvePoint Inc. (NASDAQ: AVPT), its last 5-days average volume was 0.61 million, which is a jump from its year-to-date volume of 0.43 million. As of the previous 9 days, the stock’s Stochastic %D was 97.20%. Additionally, its Average True Range was 0.22.
During the past 100 days, AvePoint Inc.’s (AVPT) raw stochastic average was set at 99.10%, which indicates a significant increase from 98.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.05% in the past 14 days, which was higher than the 47.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.39, while its 200-day Moving Average is $4.47. However, in the short run, AvePoint Inc.’s stock first resistance to watch stands at $6.23. Second resistance stands at $6.37. The third major resistance level sits at $6.62. If the price goes on to break the first support level at $5.83, it is likely to go to the next support level at $5.58. Now, if the price goes above the second support level, the third support stands at $5.44.
AvePoint Inc. (NASDAQ: AVPT) Key Stats
Market capitalization of the company is 1.17 billion based on 191,589K outstanding shares. Right now, sales total 232,340 K and income totals -38,690 K. The company made 59,570 K in profit during its latest quarter, and -9,180 K in sales during its previous quarter.
