On Tuesday, ACV Auctions Inc (NASDAQ: ACVA) opened lower -1.47% from the last session, before settling in for the closing price of $23.17. Price fluctuations for ACVA have ranged from $12.84 to $23.46 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 79.89% annually for the last half of the decade. Company’s average yearly earnings per share was noted 156.93% at the time writing. With a float of $153.10 million, this company’s outstanding shares have now reached $157.72 million.
In an organization with 2170 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Auto & Truck Dealerships industry is another important factor to consider. The insider ownership of ACV Auctions Inc is 8.67%, while institutional ownership is 92.92%. The most recent insider transaction that took place on Nov 26 ’24, was worth 728,325. In this transaction Chief Financial Officer of this company sold 32,500 shares at a rate of $22.41, taking the stock ownership to the 490,482 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 32,500 for $22.96, making the entire transaction worth $746,200.
ACV Auctions Inc (ACVA) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.05) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 156.93% per share during the next fiscal year.
ACV Auctions Inc (NASDAQ: ACVA) Trading Performance Indicators
Check out the current performance indicators for ACV Auctions Inc (ACVA). In the past quarter, the stock posted a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.42. Likewise, its price to free cash flow for the trailing twelve months is 102.14.
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 0.33 in one year’s time.
Technical Analysis of ACV Auctions Inc (ACVA)
Let’s dig in a bit further. During the last 5-days, its volume was 1.05 million. That was inferior than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.18%. Additionally, its Average True Range was 0.80.
During the past 100 days, ACV Auctions Inc’s (ACVA) raw stochastic average was set at 92.80%, which indicates a significant increase from 83.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.56% in the past 14 days, which was lower than the 50.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.77, while its 200-day Moving Average is $18.47. However, in the short run, ACV Auctions Inc’s stock first resistance to watch stands at $23.09. Second resistance stands at $23.35. The third major resistance level sits at $23.66. If the price goes on to break the first support level at $22.52, it is likely to go to the next support level at $22.22. The third support level lies at $21.96 if the price breaches the second support level.
ACV Auctions Inc (NASDAQ: ACVA) Key Stats
There are currently 167,640K shares outstanding in the company with a market cap of 3.83 billion. Presently, the company’s annual sales total 481,230 K according to its annual income of -75,260 K. Last quarter, the company’s sales amounted to 171,330 K and its income totaled -16,030 K.
