ACV Auctions Inc (ACVA) concluded trading on Wednesday at a closing price of $14.28, with 5.23 million shares of worth about $74.63 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.82% during that period and on March 12, 2025 the price saw a gain of about 3.63%. Currently the company’s common shares owned by public are about 168.03M shares, out of which, 160.90M shares are available for trading.
Stock saw a price change of -6.11% in past 5 days and over the past one month there was a price change of -33.89%. Year-to-date (YTD), ACVA shares are showing a performance of -33.89% which decreased to -20.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.77 but also hit the highest price of $23.46 during that period. The average intraday trading volume for ACV Auctions Inc shares is 1.69 million. The stock is currently trading -15.89% below its 20-day simple moving average (SMA20), while that difference is down -26.94% for SMA50 and it goes to -25.59% lower than SMA200.
ACV Auctions Inc (NASDAQ: ACVA) currently have 168.03M outstanding shares and institutions hold larger chunk of about 97.69% of that.
The stock has a current market capitalization of $2.41B and its 3Y-monthly beta is at 1.74. It has posted earnings per share of -$0.48 in the same period. It has Quick Ratio of 1.56 while making debt-to-equity ratio of 0.37. 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 7.73% while standing at 5.81% over the month.
Stock’s fiscal year EPS is expected to rise by 248.84% while it is estimated to increase by 153.16% in next year. EPS is likely to grow at an annualized rate of 155.06% 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 BofA Securities on Mar-13-25 offering a Buy rating for the stock and assigned a target price range of between $22 and $20 to it. Coverage by Stephens stated ACV Auctions Inc (ACVA) stock as an Equal-weight in their note to investors on January 22, 2025, suggesting a price target of $20.50 for the stock. On September 27, 2024, Raymond James Resumed their recommendations, while on June 10, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $21. Stock get a Buy rating from Northcoast on January 10, 2024.
