Avaya Holdings Corp. (NYSE:AVYA) finished Thursday with a subtraction of -$0.01 to close at $0.18, a downside of -0.65 percent. An average of 12,965,141 shares of common stock have been traded in the last five days. There was a fall of -$0.0398 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 21,456,334 shares traded, while the 50-day average volume stands at 10,401,315.
AVYA stock has decreased by -83.53% in the last month. The company shares reached their 1-month lowest point of $0.1210 on 12/19/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $0.12 and a high of $21.65 in 52 weeks. It has reached a new high 2 times so far this year and lost -99.07% or -$19.6155 in price. In spite of this, the price is down -99.15% from the 52-week high.
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AVYA stock investors should be aware that Avaya Holdings Corp. (AVYA) stock had its last reported insider trading activity 14 days ago on Dec 16.
Avaya Holdings Corp. (AVYA) stock’s beta is 1.19. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.01, the price-to-book (PB) ratio at 0.04.
The quick ratio of Avaya Holdings Corp. for the three months ended June 29 was 1.60, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 6.54 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $1.65 billion compared to revenue of $2.97 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Avaya Holdings Corp.’s return on assets was -1.30%.
For the three-month period that ended June 29, Avaya Holdings Corp. had $2.83 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$1.0 million in the quarter, while revenues were shrunk -5700.0%. The analyst consensus anticipated Avaya Holdings Corp.’s latest quarter earnings to come in at $0.05 per share, but it turned out to be -$0.24, a -580.00% surprise. For the quarter, EBITDA amounted to $129.0 million. Shareholders own equity worth $85.84 million.
From a technical analysis perspective, let’s take a brief look at Avaya Holdings Corp. (AVYA) price momentum. RSI 9-day as of the close on 29 December was 18.72%, suggesting the stock is oversold, with historical volatility in this time frame at 471.31%.
As of today, AVYA’s price is $0.1893 -17.74% or -$0.0398 from its 5-day moving average. AVYA is currently trading -80.90% lower than its 20-day SMA and -83.53% lower than its 100-day SMA. However, the stock’s current price level is -86.33% below the SMA50 and -98.48% below the SMA200.
The stochastic %K and %D were 5.79% and 6.10%, respectively, and the average true range (ATR) was 0.1109. With the 14-day stochastic at 5.94% and the average true range at 0.1295, the RSI (14) stands at 22.83%. The stock has reached -0.0125 on the 9-day MACD Oscillator while the 14-day reading was at -0.2348.
Craig Hallum downgraded Avaya Holdings Corp. (NYSE: AVYA) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Avaya Holdings Corp. (AVYA) among analysts is Underweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell AVYA, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is AVYA’s price target for the next 12 months?
Analysts predict a range of price targets between $0.40 and $1.00, with a median target of $0.50. Taking a look at these predictions, the average price target given by analysts for Avaya Holdings Corp. (AVYA) stock is $0.63.