ACV Auctions Inc (ACVA) recent activity suggests a positive outlook with the last week’s performance of 4.41%

A new trading day began on Monday, with ACV Auctions Inc (NASDAQ: ACVA) stock price up 4.51% from the previous day of trading, before settling in for the closing price of $21.97. ACVA’s price has ranged from $12.84 to $22.23 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 79.89%. Meanwhile, its annual earnings per share averaged 150.04%. With a float of $153.11 million, this company’s outstanding shares have now reached $167.64 million.

The extent of productivity of a business whose workforce counts for 2170 workers is very important to gauge. In terms of profitability, gross margin is 51.06%, operating margin of -13.46%, and the pretax margin is -12.79%.

ACV Auctions Inc (ACVA) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto & Truck Dealerships Industry. The insider ownership of ACV Auctions Inc is 8.67%, while institutional ownership is 92.89%. The most recent insider transaction that took place on Nov 18 ’24, was worth 560,911. Before that another transaction happened on Nov 18 ’24, when Company’s Director proposed sale 1,308,933 for $20.72, making the entire transaction worth $27,121,092.

ACV Auctions Inc (ACVA) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 150.04% per share during the next fiscal year.

ACV Auctions Inc (NASDAQ: ACVA) Trading Performance Indicators

Here are ACV Auctions Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.59. Likewise, its price to free cash flow for the trailing twelve months is 104.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.35 in one year’s time.

Technical Analysis of ACV Auctions Inc (ACVA)

The latest stats from [ACV Auctions Inc, ACVA] show that its last 5-days average volume of 2.24 million was superior to 1.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.23%. Additionally, its Average True Range was 0.86.

During the past 100 days, ACV Auctions Inc’s (ACVA) raw stochastic average was set at 94.30%, which indicates a significant increase from 89.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.76% in the past 14 days, which was lower than the 50.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.56, while its 200-day Moving Average is $18.26. Now, the first resistance to watch is $23.48. This is followed by the second major resistance level at $24.00. The third major resistance level sits at $24.54. If the price goes on to break the first support level at $22.42, it is likely to go to the next support level at $21.87. The third support level lies at $21.35 if the price breaches the second support level.

ACV Auctions Inc (NASDAQ: ACVA) Key Stats

With a market capitalization of 3.93 billion, the company has a total of 167,640K Shares Outstanding. Currently, annual sales are 481,230 K while annual income is -75,260 K. The company’s previous quarter sales were 171,330 K while its latest quarter income was -16,030 K.