AvidXchange Holdings Inc (AVDX) concluded trading on Wednesday at a closing price of $9.78, with 16.31 million shares of worth about $159.47 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.51% during that period and on June 04, 2025 the price saw a gain of about 0.10%. Currently the company’s common shares owned by public are about 206.20M shares, out of which, 162.91M shares are available for trading.
Stock saw a price change of -0.10% in past 5 days and over the past one month there was a price change of 18.83%. Year-to-date (YTD), AVDX shares are showing a performance of -5.42% which decreased to -7.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.61 but also hit the highest price of $12.93 during that period. The average intraday trading volume for AvidXchange Holdings Inc shares is 3.98 million. The stock is currently trading 0.35% above its 20-day simple moving average (SMA20), while that difference is up 12.35% for SMA50 and it goes to 7.57% higher than SMA200.
AvidXchange Holdings Inc (NASDAQ: AVDX) currently have 206.20M outstanding shares and institutions hold larger chunk of about 71.27% of that.
The stock has a current market capitalization of $2.02B and its 3Y-monthly beta is at 1.22. PE ratio of stock for trailing 12 months is 1178.31, while it has posted earnings per share of $0.01 in the same period. Its PEG reads 63.76 and has Quick Ratio of 1.32 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 0.14% while standing at 3.85% over the month.
Stock’s fiscal year EPS is expected to drop by -3.10% while it is estimated to increase by 30.09% 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.
