AvidXchange Holdings Inc (AVDX) concluded trading on Thursday at a closing price of $7.84, with 7.84 million shares of worth about $61.43 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.16% during that period and on March 13, 2025 the price saw a gain of about 13.79%. Currently the company’s common shares owned by public are about 204.34M shares, out of which, 160.61M shares are available for trading.
Stock saw a price change of 9.80% in past 5 days and over the past one month there was a price change of -21.52%. Year-to-date (YTD), AVDX shares are showing a performance of -24.18% which decreased to -39.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.76 but also hit the highest price of $13.49 during that period. The average intraday trading volume for AvidXchange Holdings Inc shares is 1.65 million. The stock is currently trading -4.32% below its 20-day simple moving average (SMA20), while that difference is down -17.26% for SMA50 and it goes to -19.31% lower than SMA200.
AvidXchange Holdings Inc (NASDAQ: AVDX) currently have 204.34M outstanding shares and institutions hold larger chunk of about 72.35% of that.
The stock has a current market capitalization of $1.60B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 201.03, while it has posted earnings per share of $0.04 in the same period. Its PEG reads 11.14 and has Quick Ratio of 1.29 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AVDX, volatility over the week remained 7.12% while standing at 5.01% over the month.
Stock’s fiscal year EPS is expected to rise by 2.91% while it is estimated to increase by 36.01% 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 Barclays on March 04, 2025 offering an Equal weight rating for the stock and assigned a target price range of between $13 and $8 to it. On December 11, 2024, BTIG Research Resumed their recommendations, while on November 07, 2024, Compass Point Upgrade their ratings for the stock with a price target of $15. Stock get a Neutral rating from Compass Point on September 04, 2024.
