AvePoint Inc (AVPT) concluded trading on Wednesday at a closing price of $11.60, with 4.12 million shares of worth about $47.8 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 55.50% during that period and on September 04, 2024 the price saw a gain of about 0.17%. Currently the company’s common shares owned by public are about 184.65M shares, out of which, 99.14M shares are available for trading.
Stock saw a price change of 7.71% in past 5 days and over the past one month there was a price change of 19.59%. Year-to-date (YTD), AVPT shares are showing a performance of 41.29% which increased to 69.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.41 but also hit the highest price of $11.96 during that period. The average intraday trading volume for AvePoint Inc shares is 1.28 million. The stock is currently trading 7.57% above its 20-day simple moving average (SMA20), while that difference is up 9.59% for SMA50 and it goes to 31.77% higher than SMA200.
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AvePoint Inc (NASDAQ: AVPT) currently have 184.65M outstanding shares and institutions hold larger chunk of about 35.78% of that.
The stock has a current market capitalization of $2.17B and its 3Y-monthly beta is at 0.88. It has posted earnings per share of -$0.08 in the same period. It has Quick Ratio of 1.83 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AVPT, volatility over the week remained 4.07% while standing at 3.41% over the month.
Stock’s fiscal year EPS is expected to rise by 66.34% while it is estimated to increase by 60.72% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on February 14, 2023 offering a Neutral rating for the stock and assigned a target price of $5.50 to it. Coverage by Citigroup stated AvePoint Inc (AVPT) stock as a Neutral in their note to investors on November 04, 2022, suggesting a price target of $4.50 for the stock. On March 21, 2022, Goldman Downgrade their recommendations, while on January 11, 2022, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $10. Stock get an Outperform rating from Cowen on August 16, 2021.
