On Tuesday, ACV Auctions Inc (NASDAQ: ACVA) was 1.69% jump from the session before ,before settling in for the closing price of $18.34. A 52-week range for ACVA has been $11.58 – $19.54.
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Consumer Cyclical Sector giant saw their annual sales surged by 79.89% over the last five years. When this article was written, the company’s average yearly earnings per share was at 159.25%. With a float of $136.60 million, this company’s outstanding shares have now reached $138.64 million.
The firm has a total of 2170 workers. Let’s measure their productivity.
ACV Auctions Inc (ACVA) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ACV Auctions Inc stocks. The insider ownership of ACV Auctions Inc is 16.65%, while institutional ownership is 80.93%. The most recent insider transaction that took place on Apr 04 ’24, was worth 248,551. In this transaction Chief Operating Officer of this company sold 13,399 shares at a rate of $18.55, taking the stock ownership to the 321,475 shares. Before that another transaction happened on Apr 03 ’24, when Company’s Chief Operating Officer sold 108,342 for $18.40, making the entire transaction worth $1,993,493. This insider now owns 321,475 shares in total.
ACV Auctions Inc (ACVA) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.14 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.15) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 159.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.80% during the next five years compared to -15.18% drop over the previous five years of trading.
ACV Auctions Inc (NASDAQ: ACVA) Trading Performance Indicators
You can see what ACV Auctions Inc (ACVA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of ACV Auctions Inc (ACVA)
Analysing the last 5-days average volume posted by the [ACV Auctions Inc, ACVA], we can find that recorded value of 1.07 million was lower than the volume posted last year of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 49.87%. Additionally, its Average True Range was 0.66.
During the past 100 days, ACV Auctions Inc’s (ACVA) raw stochastic average was set at 86.72%, which indicates a significant increase from 52.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.46% in the past 14 days, which was lower than the 50.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.68, while its 200-day Moving Average is $15.66. Now, the first resistance to watch is $18.98. This is followed by the second major resistance level at $19.30. The third major resistance level sits at $19.89. If the price goes on to break the first support level at $18.07, it is likely to go to the next support level at $17.48. Now, if the price goes above the second support level, the third support stands at $17.16.
ACV Auctions Inc (NASDAQ: ACVA) Key Stats
There are 163,892K outstanding shares of the company, which has a market capitalization of 3.06 billion. As of now, sales total 481,230 K while income totals -75,260 K. Its latest quarter income was 118,380 K while its last quarter net income were -23,240 K.
