With 0.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. The 52-week range on ADV shows that it touched its highest point at $4.16 and its lowest point at $1.04 during that stretch. It currently has a 1-year price target of $2.83. Beta for the stock currently stands at 2.08.
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 ADV was up-trending over the past week, with a rise of 5.47%, but this was down by -2.17% over a month. Three-month performance dropped to -41.30% while six-month performance fell -61.54%. The stock lost -60.98% in the past year, while it has lost -53.77% so far this year. A look at the trailing 12-month EPS for ADV yields -1.29 with Next year EPS estimates of 0.37. For the next quarter, that number is 0.11. This implies an EPS growth rate of 141.48% for this year and -5.13% for next year.
Float and Shares Shorts:
At present, 323.27 million ADV shares are outstanding with a float of 87.24 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 ADV since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.34755 being high and $0.3058 being low. For ADV, this leads to a yearly average estimate of $0.32973. Based on analyst estimates, the high estimate for the next quarter is $0.17 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.15.
