On Tuesday, AvePoint Inc (NASDAQ: AVPT) opened lower -0.37% from the last session ,before settling in for the closing price of $8.18. Price fluctuations for AVPT have ranged from $3.90 to $8.61 over the past 52 weeks.
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Technology Sector giant saw their annual sales slid by -7.06% over the last five years. Company’s average yearly earnings per share was noted 28.23% at the time writing. With a float of $114.04 million, this company’s outstanding shares have now reached $184.65 million.
The firm has a total of 2543 workers. Let’s measure their productivity.
AvePoint Inc (AVPT) Insider Activity
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of AvePoint Inc is 38.02%, while institutional ownership is 35.21%. The most recent insider transaction that took place on Apr 01 ’24, was worth 154,894. In this transaction Chief Legal Officer of this company sold 20,000 shares at a rate of $7.74, taking the stock ownership to the 1,371,240 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Chief Financial Officer sold 6,939 for $8.00, making the entire transaction worth $55,518. This insider now owns 710,473 shares in total.
AvePoint Inc (AVPT) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.03) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.23% per share during the next fiscal year.
AvePoint Inc (NASDAQ: AVPT) Trading Performance Indicators
Check out the current performance indicators for AvePoint Inc (AVPT). In the past quarter, the stock posted a quick ratio of 1.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.52. Likewise, its price to free cash flow for the trailing twelve months is 46.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.18 in one year’s time.
Technical Analysis of AvePoint Inc (AVPT)
Analysing the last 5-days average volume posted by the [AvePoint Inc, AVPT], we can find that recorded value of 1.35 million was better than the volume posted last year of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 69.55%. Additionally, its Average True Range was 0.25.
During the past 100 days, AvePoint Inc’s (AVPT) raw stochastic average was set at 69.93%, which indicates a significant increase from 60.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.88% in the past 14 days, which was higher than the 30.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.87, while its 200-day Moving Average is $7.30. Now, the first resistance to watch is $8.25. This is followed by the second major resistance level at $8.34. The third major resistance level sits at $8.45. If the price goes on to break the first support level at $8.05, it is likely to go to the next support level at $7.94. Should the price break the second support level, the third support level stands at $7.85.
AvePoint Inc (NASDAQ: AVPT) Key Stats
There are currently 184,011K shares outstanding in the company with a market cap of 1.50 billion. Presently, the company’s annual sales total 271,830 K according to its annual income of -21,500 K. Last quarter, the company’s sales amounted to 74,620 K and its income totaled 4,440 K.
