On Tuesday, AvePoint Inc (NASDAQ: AVPT) opened higher 0.76% from the last session, before settling in for the closing price of $18.53. Price fluctuations for AVPT have ranged from $7.08 to $19.16 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted 95.63% at the time writing. With a float of $100.49 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
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of AvePoint Inc is 46.41%, while institutional ownership is 39.43%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
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
Check out the current performance indicators for AvePoint Inc (AVPT). In the past 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 11.08. Likewise, its price to free cash flow for the trailing twelve months is 46.99.
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 1.87 million. That was better than the volume of 1.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.78%. Additionally, its Average True Range was 0.56.
During the past 100 days, AvePoint Inc’s (AVPT) raw stochastic average was set at 94.98%, which indicates a significant increase from 81.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.80% in the past 14 days, which was lower than the 36.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.47, while its 200-day Moving Average is $10.75. However, in the short run, AvePoint Inc’s stock first resistance to watch stands at $18.94. Second resistance stands at $19.21. The third major resistance level sits at $19.49. If the price goes on to break the first support level at $18.39, it is likely to go to the next support level at $18.11. Assuming the price breaks the second support level, the third support level stands at $17.84.
AvePoint Inc (NASDAQ: AVPT) Key Stats
There are currently 186,725K shares outstanding in the company with a market cap of 3.50 billion. Presently, the company’s annual sales total 271,830 K according to its annual income of -21,500 K. Last quarter, the company’s sales amounted to 88,800 K and its income totaled 2,930 K.
