Is AvidXchange Holdings Inc (NASDAQ: AVDX) No Longer A Good Investment?

After Hours

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.

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Stocks Info

AVDX belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of AvidXchange Holdings Inc is $2.32B. A total of 1.41 million shares were traded on the day, compared to an average of 1.90M shares.

In the most recent transaction, Mackintosh Teresa sold 400 shares of AVDX for 11.04 per share on Dec 10 ’24. After the transaction, the Director now owns 46,988 company shares. In a previous transaction on Dec 09 ’24, HAUSMAN JAMES E sold 25,000 shares at 11.25 per share. AVDX shares that Director owns now total 2,112,232.

Among the insiders who sold shares, Mackintosh Teresa disposed of 13,316 shares on Dec 06 ’24 at a per-share price of $11.44. This resulted in the Director holding 47,388 shares of AVDX after the transaction. In another insider transaction, Mackintosh Teresa bought 400 shares at $11.18 per share on Dec 10 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, AVDX has a high of $13.56 and a low of $7.38.

As of this writing, AVDX has an earnings estimate of $0.07 per share for the current quarter. EPS was calculated based on a consensus of 13.0 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.06.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $3.29, while its Total Shareholder’s Equity was $723.05M.

Analysts Opinion

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. 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 3.76.

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