As of Wednesday close, Avaya Holdings Corp.’s (NYSE:AVYA) stock was down -$0.24, moving down -6.56 percent to $3.42. The average number of shares traded per day over the past five days has been 3,438,160 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.75 fall in that time frame. In the last twenty days, the average volume was 6,006,790, while in the previous 50 days, it was 3,735,406.
Since last month, AVYA stock retreated -28.75%. Shares of the company fell to $2.93 on 05/26/22, the lowest level in the past month. A 52-week high of $27.62 was reached on 01/04/22 after having rallying from a 52-week low of $2.93. Since the beginning of this year, AVYA’s stock price has dropped by -82.73% or -$16.38, and marked a new high 2 times. However, the stock has declined by -87.62% since its 52-week high.
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Avaya Holdings Corp. (AVYA) last reported insider trading activity 196 days ago on Dec 09. Spears Stephen, the EVP and Chief Revenue Officer of the company, disposed of 23,748 shares for $20.58 on Dec 09. It resulted in a $488,734 divestment by the insider. CHIRICO JAMES M sold 30,000 shares at an average price of $21.09 on Dec 08. The insider now owns 915,376 shares following the transaction. On Nov 30, GVP, Controller & CAO Speed Kevin sold 10,000 shares at $20.03 apiece. The transaction was valued at $200,300.
The stock’s beta is 1.47. Besides these, the trailing price-to-sales (P/S) ratio of 0.10, the price-to-book (PB) ratio of 0.68.
In the three months ended March 30, Avaya Holdings Corp.’s quick ratio stood at 1.60, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 6.54. On the profitability front, the trailing twelve-month gross margin is 53.50% percent. In the year ended March 30, operating margins totaled 3.30%. Based on annual data, AVYA earned $1.65 billion in gross profit and brought in $2.97 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.50%. Return on equity (ROE) for the past 12 months was -5.70%.
In Avaya Holdings Corp.’s quarter-end financial report for March 30, it reported total debt of $2.83 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. AVYA’s revenue fell -3.07% to $713.0 million during the quarter, while net income inched up to $716.0 million. While analysts expected Avaya Holdings Corp. to report $0.61 quarterly earnings, the actual figure was $0.53 per share, beating the consensus estimate by -13.10%. During the quarter, the company generated $129.0 million in EBITDA. The liabilities of Avaya Holdings Corp. were 5.39 billion at the end of its most recent quarter ended March 30, and its total debt was $2.98 billion. The value of shareholders’ equity is $85.84 million.
This quick technical analysis looks at Avaya Holdings Corp.’s (AVYA) price momentum. With a historical volatility rate of 97.09%, the RSI 9-day stood at 30.21% on 22 June.
With respect to its five-day moving average, the current Avaya Holdings Corp. price is down by -17.99% percent or -$0.75. At present, AVYA shares trade -16.79% below its 20-day simple moving average and -79.35% percent below its 100-day simple moving average. However, the stock is currently trading approximately -71.52% below its SMA50 and -83.32% below its SMA200.
Stochastic coefficient K was 12.19% and Stochastic coefficient D was 14.34%, while ATR was 0.57. Given the Stochastic reading of 4.12% for the 14-day period, the RSI (14) reading has been calculated as 31.32%. As of today, the MACD Oscillator reading stands at -0.41, while the 14-day reading stands at -0.82.
Avaya Holdings Corp. downgraded its rating on Avaya Holdings Corp. (NYSE: AVYA) to an Underweight in a note to investors on May 17, 2022. The analysts firm previously had an Equal weight rating on the stock.Avaya Holdings Corp. (AVYA) has been rated Hold by analysts. According to 3 brokerage firms, AVYA is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Avaya Holdings Corp. stock as buy, with 2 recommending it as overweight.
With a median target price of $6.00, the current consensus forecast for the stock is $1.00 – $13.00. Based on these forecasts, analysts predict Avaya Holdings Corp. (AVYA) will achieve an average price target of $7.14.