With 4.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.64 million shares. The 52-week range on ACVA shows that it touched its highest point at $23.46 and its lowest point at $12.96 during that stretch. It currently has a 1-year price target of $24.14. Beta for the stock currently stands at 1.77.
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 ACVA was down-trending over the past week, with a drop of -7.08%, but this was down by -34.91% over a month. Three-month performance dropped to -37.19% while six-month performance fell -24.12%. The stock lost -23.44% in the past year, while it has lost -36.20% so far this year. A look at the trailing 12-month EPS for ACVA yields -0.48 with Next year EPS estimates of 0.44. For the next quarter, that number is -0.02. This implies an EPS growth rate of 247.06% for this year and 80.27% for next year. EPS is expected to grow by 145.23% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.70%.
Float and Shares Shorts:
At present, 168.03 million ACVA shares are outstanding with a float of 160.90 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 ACVA since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.08480443 being high and $0.04711357 being low. For ACVA, this leads to a yearly average estimate of $0.065959.
