AvePoint Inc (NASDAQ: AVPT) kicked off on Tuesday, up 3.93% from the previous trading day, before settling in for the closing price of $11.97. Over the past 52 weeks, AVPT has traded in a range of $7.08-$12.66.
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Annual sales at Technology sector company slipped by -7.06% over the past five years. While this was happening, its average annual earnings per share was recorded 66.34%. With a float of $99.97 million, this company’s outstanding shares have now reached $184.65 million.
Let’s look at the performance matrix of the company that is accounted for 2543 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of AvePoint Inc is 46.46%, while institutional ownership is 35.82%. The most recent insider transaction that took place on Oct 18 ’24, was worth 122,400. In this transaction 10% Owner of this company sold 10,000 shares at a rate of $12.24, taking the stock ownership to the 18,330,673 shares. Before that another transaction happened on Oct 17 ’24, when Company’s 10% Owner sold 10,000 for $12.10, making the entire transaction worth $121,000. This insider now owns 18,340,673 shares in total.
AvePoint Inc (AVPT) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.03 earnings per share (EPS), higher than consensus estimate (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
Take a look at AvePoint Inc’s (AVPT) current performance indicators. Last quarter, stock had a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.75. Likewise, its price to free cash flow for the trailing twelve months is 49.40.
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)
AvePoint Inc (NASDAQ: AVPT) saw its 5-day average volume 0.53 million, a negative change from its year-to-date volume of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 61.84%. Additionally, its Average True Range was 0.32.
During the past 100 days, AvePoint Inc’s (AVPT) raw stochastic average was set at 93.98%, which indicates a significant increase from 78.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.51% in the past 14 days, which was lower than the 31.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.75, while its 200-day Moving Average is $9.54. Nevertheless, the first resistance level for the watch stands at $12.65 in the near term. At $12.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.21. If the price goes on to break the first support level at $12.08, it is likely to go to the next support level at $11.72. The third support level lies at $11.51 if the price breaches the second support level.
AvePoint Inc (NASDAQ: AVPT) Key Stats
The company with the Market Capitalisation of 2.32 billion has total of 186,725K Shares Outstanding. Its annual sales at the moment are 271,830 K in contrast with the sum of -21,500 K annual income. Company’s last quarter sales were recorded 77,960 K and last quarter income was -12,940 K.
