Advantage Solutions Inc. (ADV) 20 Days SMA touches -11.86%: The odds favor the bear

Advantage Solutions Inc. (NASDAQ: ADV) kicked off on Monday, up 7.42% from the previous trading day, before settling in for the closing price of $3.37. Over the past 52 weeks, ADV has traded in a range of $1.69-$4.95.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 7.72%. While this was happening, its average annual earnings per share was recorded 449.43%. With a float of $26.25 million, this company’s outstanding shares have now reached $318.64 million.

Let’s determine the extent of company efficiency that accounts for 70000 employees.

Advantage Solutions Inc. (ADV) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Advertising Agencies Industry. The insider ownership of Advantage Solutions Inc. is 91.85%, while institutional ownership is 19.01%. The most recent insider transaction that took place on Mar 11 ’24, was worth 38,700. In this transaction COO, Branded Services of this company bought 10,000 shares at a rate of $3.87, taking the stock ownership to the 146,279 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Chief Financial Officer bought 10,000 for $3.49, making the entire transaction worth $34,868. This insider now owns 110,000 shares in total.

Advantage Solutions Inc. (ADV) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 449.43% per share during the next fiscal year.

Advantage Solutions Inc. (NASDAQ: ADV) Trading Performance Indicators

Take a look at Advantage Solutions Inc.’s (ADV) current performance indicators. Last quarter, stock had a quick ratio of 1.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 8.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.59 in one year’s time.

Technical Analysis of Advantage Solutions Inc. (ADV)

Looking closely at Advantage Solutions Inc. (NASDAQ: ADV), its last 5-days average volume was 1.27 million, which is a jump from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 29.78%. Additionally, its Average True Range was 0.27.

During the past 100 days, Advantage Solutions Inc.’s (ADV) raw stochastic average was set at 31.44%, which indicates a significant decrease from 35.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.43% in the past 14 days, which was higher than the 55.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.17, while its 200-day Moving Average is $3.39. However, in the short run, Advantage Solutions Inc.’s stock first resistance to watch stands at $3.72. Second resistance stands at $3.82. The third major resistance level sits at $4.01. If the price goes on to break the first support level at $3.43, it is likely to go to the next support level at $3.24. Should the price break the second support level, the third support level stands at $3.14.

Advantage Solutions Inc. (NASDAQ: ADV) Key Stats

The company with the Market Capitalisation of 1.17 billion has total of 322,180K Shares Outstanding. Its annual sales at the moment are 4,225 M in contrast with the sum of -63,260 K annual income. Company’s last quarter sales were recorded 879,000 K and last quarter income was -5,310 K.