AvePoint Inc (NASDAQ: AVPT) on Tuesday, plunged -0.85% from the previous trading day, before settling in for the closing price of $11.77. Within the past 52 weeks, AVPT’s price has moved between $6.41 and $12.00.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -7.06%. The company achieved an average annual earnings per share of 66.34%. With a float of $99.16 million, this company’s outstanding shares have now reached $184.65 million.
The extent of productivity of a business whose workforce counts for 2543 workers is very important to gauge. In terms of profitability, gross margin is 73.6%, operating margin of -1.59%, and the pretax margin is -3.7%.
AvePoint Inc (AVPT) Insider and Institutional Ownership
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of AvePoint Inc is 46.89%, while institutional ownership is 35.78%. The most recent insider transaction that took place on Aug 22 ’24, was worth 108,500. In this transaction 10% Owner of this company sold 10,000 shares at a rate of $10.85, taking the stock ownership to the 18,430,673 shares. Before that another transaction happened on Aug 23 ’24, when Company’s 10% Owner sold 10,000 for $10.83, making the entire transaction worth $108,300. This insider now owns 18,420,673 shares in total.
AvePoint Inc (AVPT) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.03 earnings per share (EPS) for the period topping the consensus outlook (set at 0.02) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.34% 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 1.83 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 7.27. Likewise, its price to free cash flow for the trailing twelve months is 46.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.23 in one year’s time.
Technical Analysis of AvePoint Inc (AVPT)
The latest stats from [AvePoint Inc, AVPT] show that its last 5-days average volume of 1.5 million was superior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 69.99%. Additionally, its Average True Range was 0.37.
During the past 100 days, AvePoint Inc’s (AVPT) raw stochastic average was set at 92.39%, which indicates a significant increase from 75.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.55% in the past 14 days, which was higher than the 31.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.72, while its 200-day Moving Average is $8.89. Now, the first resistance to watch is $11.78. This is followed by the second major resistance level at $11.90. The third major resistance level sits at $12.00. If the price goes on to break the first support level at $11.56, it is likely to go to the next support level at $11.46. The third support level lies at $11.34 if the price breaches the second support level.
AvePoint Inc (NASDAQ: AVPT) Key Stats
Market capitalization of the company is 2.18 billion based on 185,290K outstanding shares. Right now, sales total 271,830 K and income totals -21,500 K. The company made 77,960 K in profit during its latest quarter, and -12,940 K in sales during its previous quarter.
