Avaya Holdings Corp. (NYSE:AVYA) saw an upside of 5.02% to close Monday at $0.23 after adding $0.01 on the day. The 5-day average trading volume is 8,742,881 shares of the company’s common stock. It has gained $0.3399 in the past week and touched a new high 1 time within the past 5 days. An average of 14,638,035 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 14,108,484.
AVYA’s 1-month performance is 12.64% or $0.0344 on its low of $0.1782 reached on 12/29/22. The company’s shares have touched a 52-week low of $0.12 and high of $18.62, with the stock’s rally to the 52-week high happening on 01/11/23. YTD, AVYA has achieved 19.59% or $0.0384 and has reached a new high 3 times. However, the current price is down -98.74% from the 52-week high price.
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AVYA stock investors last saw insider trading activity on Dec 16.King Theodore Walker Cheng-De (10% Owner) most recently sold 4,762,918 shares at $0.19 per share on Dec 16. This transaction cost the insider $898,360.
AVYA stock has a beta of 1.15. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.01 while the price-to-book (PB) in the most recent quarter is 0.05.
Avaya Holdings Corp.’s quick ratio for the period ended June 29 was 1.60, with the current ratio over the same period at 1.70. In terms of profitability, the gross margin trailing 12 months is 51.10%. The firm’s gross profit as reported stood at $1.65 billion against revenue of $2.97 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -5700.0% to -$1.0 million, while revenue of -$66.0 million was -6500.0% off the previous quarter. Analysts expected AVYA to announce $0.05 per share in earnings in its latest quarter, but it posted -$0.24, representing a -580.00% surprise. EBITDA for the quarter stood at more than $129.0 million. AVYA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.39 billion, with total debt at $2.95 billion. Shareholders hold equity totaling $85.84 million.
Let’s look briefly at Avaya Holdings Corp. (AVYA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 40.50% to suggest the stock is trending Neutral, with historical volatility in this time period at 298.66%.
The stock’s 5-day moving average is $0.2583, reflecting a -16.88% or -$0.0476 change from its current price. AVYA is currently trading +4.50% above its 20-day SMA, -83.26% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -84.78% and SMA200 by-98.17%.
Stochastic %K and %D was 24.09% and 33.30% and the average true range (ATR) pointed at 0.0612. The RSI (14) points at 36.22%, while the 14-day stochastic is at 24.86% with the period’s ATR at 0.0769. The stock’s 9-day MACD Oscillator is pointing at -0.0315 and -0.0076 on the 14-day charts.
In the most recent analyst report for Avaya Holdings Corp. (NYSE: AVYA), Craig Hallum downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for AVYA stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate AVYA as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is AVYA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $0.40 and a high of $0.40, with their median price target at $0.40. Looking at these predictions, the average price target given by analysts is for Avaya Holdings Corp. (AVYA) stock is $0.40.