A new trading day began on Tuesday, with AvePoint Inc (NASDAQ: AVPT) stock price up 1.95% from the previous day of trading, before settling in for the closing price of $17.46. AVPT’s price has ranged from $7.08 to $19.16 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Technology Sector giant was -7.06%. Meanwhile, its annual earnings per share averaged 95.63%. With a float of $100.21 million, this company’s outstanding shares have now reached $187.43 million.
Let’s determine the extent of company efficiency that accounts for 2543 employees. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of AvePoint Inc is 46.56%, 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) Earnings and Forecasts
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
Here are AvePoint Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.57. Likewise, its price to free cash flow for the trailing twelve months is 44.80.
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)
Looking closely at AvePoint Inc (NASDAQ: AVPT), its last 5-days average volume was 1.25 million, which is a jump from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 29.07%. Additionally, its Average True Range was 0.56.
During the past 100 days, AvePoint Inc’s (AVPT) raw stochastic average was set at 86.09%, which indicates a significant increase from 29.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.86% in the past 14 days, which was lower than the 36.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.69, while its 200-day Moving Average is $11.27. However, in the short run, AvePoint Inc’s stock first resistance to watch stands at $17.95. Second resistance stands at $18.10. The third major resistance level sits at $18.38. If the price goes on to break the first support level at $17.52, it is likely to go to the next support level at $17.24. Should the price break the second support level, the third support level stands at $17.09.
AvePoint Inc (NASDAQ: AVPT) Key Stats
With a market capitalization of 3.34 billion, the company has a total of 186,725K Shares Outstanding. Currently, annual sales are 271,830 K while annual income is -21,500 K. The company’s previous quarter sales were 88,800 K while its latest quarter income was 2,930 K.
