AvidXchange Holdings Inc (NASDAQ: AVDX) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted AvidXchange to Participate in Wolfe FinTech Forum 2024.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

AvidXchange Holdings Inc is listed on the NASDAQ in the Technology sector while operating in the Software – Infrastructure industry. The current market capitalization of AvidXchange Holdings Inc is $2.63B. A total of 1.63 million shares were traded on the day, compared to an average of 1.99M shares.

In the most recent transaction, Stahl Ryan sold 4,217 shares of AVDX for 12.43 per share on Mar 18 ’24. After the transaction, the insider now owns 384,588 company shares. In a previous transaction on Mar 15 ’24, Wilhite Joel sold 136,158 shares at 12.28 per share. AVDX shares that the insider owns now total 454,878.

Among the insiders who sold shares, Stahl Ryan disposed of 31,215 shares on Mar 15 ’24 at a per-share price of $12.37. This resulted in the insider holding 388,805 shares of AVDX after the transaction. In another insider transaction, Drees Daniel sold 12,978 shares at $12.37 per share on Mar 15 ’24. Company shares held by the President now total 768,348.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, AVDX has a high of $13.56 and a low of $6.88.

As of this writing, AVDX has an earnings estimate of $0.03 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.05 per share and a lower estimate of $0.02. The company reported an EPS of $0.03 in the last quarter, which was 250.00% higher than expectations of -$0.02.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AVDX’s latest balance sheet shows that the firm has $562.82M in Cash & Short Term Investments as of fiscal 2021. There were $191.02M in debt and $1.33B in liabilities at the time. Its Book Value Per Share was $3.22, while its Total Shareholder’s Equity was $723.05M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AVDX is Buy with a score of 4.07.

Most Popular

Related Posts