On Tuesday, AvePoint Inc (NASDAQ: AVPT) was 1.73% up from the session before settling in for the closing price of $17.91. A 52-week range for AVPT has been $7.08 – $18.75.
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A company in the Technology sector has dropped its sales by -7.06% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 95.63%. With a float of $100.47 million, this company’s outstanding shares have now reached $187.43 million.
In an organization with 2543 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 74.61%, operating margin of 1.01%, and the pretax margin is -2.09%.
AvePoint Inc (AVPT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AvePoint Inc stocks. The insider ownership of AvePoint Inc is 46.42%, while institutional ownership is 39.50%. The most recent insider transaction that took place on Nov 20 ’24, was worth 346,081. In this transaction Chief Financial Officer of this company sold 20,215 shares at a rate of $17.12, taking the stock ownership to the 591,890 shares. Before that another transaction happened on Nov 21 ’24, when Company’s 10% Owner sold 10,000 for $17.81, making the entire transaction worth $178,100. This insider now owns 18,260,673 shares in total.
AvePoint Inc (AVPT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 95.63% per share during the next fiscal year.
AvePoint Inc (NASDAQ: AVPT) Trading Performance Indicators
You can see what AvePoint Inc (AVPT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.81. Likewise, its price to free cash flow for the trailing twelve months is 45.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, 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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.31 million. That was better than the volume of 1.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.89%. Additionally, its Average True Range was 0.56.
During the past 100 days, AvePoint Inc’s (AVPT) raw stochastic average was set at 94.34%, which indicates a significant increase from 83.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.55% in the past 14 days, which was higher than the 36.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.78, while its 200-day Moving Average is $10.48. However, in the short run, AvePoint Inc’s stock first resistance to watch stands at $18.43. Second resistance stands at $18.64. The third major resistance level sits at $19.02. If the price goes on to break the first support level at $17.83, it is likely to go to the next support level at $17.45. Assuming the price breaks the second support level, the third support level stands at $17.24.
AvePoint Inc (NASDAQ: AVPT) Key Stats
There are 186,725K outstanding shares of the company, which has a market capitalization of 3.42 billion. As of now, sales total 271,830 K while income totals -21,500 K. Its latest quarter income was 88,800 K while its last quarter net income were 2,930 K.
