As on Wednesday, AvidXchange Holdings Inc (NASDAQ: AVDX) started slowly as it slid -2.02% to $8.26, before settling in for the price of $8.43 at the close. Taking a more long-term approach, AVDX posted a 52-week range of $6.88-$13.56.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 26.40%. Meanwhile, its Annual Earning per share during the time was 19.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 272.45%. This publicly-traded company’s shares outstanding now amounts to $204.08 million, simultaneously with a float of $159.79 million. The organization now has a market capitalization sitting at $1.72 billion.
AvidXchange Holdings Inc (AVDX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Infrastructure industry. AvidXchange Holdings Inc’s current insider ownership accounts for 23.12%, in contrast to 75.81% institutional ownership. According to the most recent insider trade that took place on Oct 16 ’24, this organization’s insider sold 7,427 shares at the rate of 8.58, making the entire transaction reach 63,742 in total value, affecting insider ownership by 369,603.
AvidXchange Holdings Inc (AVDX) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
AvidXchange Holdings Inc’s EPS increase for this current 12-month fiscal period is 272.45% and is forecasted to reach 0.32 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.00% through the next 5 years, which can be compared against the 19.21% growth it accomplished over the previous five years trading on the market.
AvidXchange Holdings Inc (NASDAQ: AVDX) Trading Performance Indicators
Let’s observe the current performance indicators for AvidXchange Holdings Inc (AVDX). It’s Quick Ratio in the last reported quarter now stands at 1.36. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.15. Similarly, its price to free cash flow for trailing twelve months is now 41.67.
In the same vein, AVDX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.06, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 0.32 at the market close of one year from today.
