With 1.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.44 million shares. The 52-week range on AVPT shows that it touched its highest point at $19.90 and its lowest point at $7.44 during that stretch. It currently has a 1-year price target of $19.00. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AVPT was down-trending over the past week, with a drop of -8.22%, but this was down by -29.47% over a month. Three-month performance dropped to -26.97% while six-month performance rose 18.74%. The stock gained 78.51% in the past year, while it has lost -17.50% so far this year. A look at the trailing 12-month EPS for AVPT yields -0.16 with Next year EPS estimates of 0.32. For the next quarter, that number is 0.05. This implies an EPS growth rate of 271.08% for this year and 43.74% for next year.
Float and Shares Shorts:
At present, 194.07 million AVPT shares are outstanding with a float of 107.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AVPT since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.18644 being high and $0.14916 being low. For AVPT, this leads to a yearly average estimate of $0.1678.
