ACV Auctions Inc (ACVA) concluded trading on Thursday at a closing price of $18.59, with 7.42 million shares of worth about $137.98 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.16% during that period and on February 20, 2025 the price saw a loss of about -9.98%. Currently the company’s common shares owned by public are about 167.64M shares, out of which, 154.87M shares are available for trading.
Stock saw a price change of -13.41% in past 5 days and over the past one month there was a price change of -16.45%. Year-to-date (YTD), ACVA shares are showing a performance of -13.94% which increased to 30.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.66 but also hit the highest price of $23.46 during that period. The average intraday trading volume for ACV Auctions Inc shares is 1.30 million. The stock is currently trading -11.99% below its 20-day simple moving average (SMA20), while that difference is down -12.47% for SMA50 and it goes to -4.08% lower than SMA200.
ACV Auctions Inc (NASDAQ: ACVA) currently have 167.64M outstanding shares and institutions hold larger chunk of about 98.22% of that.
The stock has a current market capitalization of $3.12B and its 3Y-monthly beta is at 1.68. It has posted earnings per share of -$0.48 in the same period. It has Quick Ratio of 1.51 while making debt-to-equity ratio of 0.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ACVA, volatility over the week remained 4.49% while standing at 3.77% over the month.
Stock’s fiscal year EPS is expected to rise by 263.62% while it is estimated to increase by 94.54% in next year. EPS is likely to grow at an annualized rate of 145.34% for next 5-years, compared to annual growth of 0.70% made by the stock over the past 5-years.
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 Stephens on January 22, 2025 offering an Equal-weight rating for the stock and assigned a target price of $20.50 to it. Coverage by Raymond James stated ACV Auctions Inc (ACVA) stock as a Mkt perform in their note to investors on September 27, 2024, suggesting a price target of $22 for the stock. On June 10, 2024, JP Morgan Upgrade their recommendations, while on January 10, 2024, Northcoast Upgrade their ratings for the stock with a price target of $22. Stock get a Buy rating from B. Riley Securities on July 20, 2023.
