AvePoint Inc (NASDAQ: AVPT) is 27.53% higher on its value in year-to-date trading and has touched a low of $5.86 and a high of $11.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AVPT stock was last observed hovering at around $10.06 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $10.47, the stock is -0.31% and 4.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 4.08% at the moment leaves the stock 22.73% off its SMA200. AVPT registered 74.79% gain for a year compared to 6-month gain of 28.15%.
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The stock witnessed a 1.26% loss in the last 1 month and extending the period to 3 months gives it a 28.47%, and is 7.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.16% over the week and 3.35% over the month.
AvePoint Inc (AVPT) has around 2543 employees, a market worth around $1.95B and $299.88M in sales. Fwd P/E is 45.66. Profit margin for the company is -4.82%. Distance from 52-week low is 78.67% and -5.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.75%).
The EPS is expected to grow by 66.34% this year.
AvePoint Inc (AVPT) Top Institutional Holders
The shares outstanding are 184.65M, and float is at 98.94M with Short Float at 7.06%.
AvePoint Inc (AVPT) Insider Activity
The most recent transaction is an insider sale by Brown Brian Michael,the company’sChief Legal Officer. SEC filings show that Brown Brian Michael sold 20,000 shares of the company’s common stock on Aug 01 ’24 at a price of $10.78 per share for a total of $0.22 million. Following the sale, the insider now owns 1.28 million shares.
AvePoint Inc disclosed in a document filed with the SEC on Jul 01 ’24 that Brown Brian Michael (Chief Legal Officer) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Jul 01 ’24 and was made at $10.37 per share for $0.21 million. Following the transaction, the insider now directly holds 1.3 million shares of the AVPT stock.
Still, SEC filings show that on Jun 03 ’24, Brown Brian Michael (Chief Legal Officer) disposed off 20,000 shares at an average price of $9.05 for $0.18 million. The insider now directly holds 1,323,930 shares of AvePoint Inc (AVPT).
