AvidXchange Holdings Inc (AVDX): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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

This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of AvidXchange Holdings Inc is $1.71B. A total of 2.04 million shares were traded on the day, compared to an average of 2.56M shares.

In the most recent transaction, Stahl Ryan sold 7,427 shares of AVDX for 8.58 per share on Oct 16 ’24. After the transaction, the insider now owns 369,603 company shares. In a previous transaction on Oct 16 ’24, RYAN STAHL bought 7,427 shares at 8.43 per share.

Among the insiders who sold shares, Stahl Ryan disposed of 7,621 shares on Sep 23 ’24 at a per-share price of $8.13. This resulted in the insider holding 377,030 shares of AVDX after the transaction. In another insider transaction, RYAN STAHL bought 7,621 shares at $8.08 per share on Sep 23 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, AVDX has a high of $13.56 and a low of $6.88.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $3.30, while its Total Shareholder’s Equity was $723.05M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 3.56.

Most Popular

Related Posts