How to Buy Avepoint Stock
Avepoint Inc
AvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers SaaS platform cloud-hosted collaboration systems by providing suite of software products.
Avepoint stock last closed at $6.62, down 1.05% from the previous day, and has increased 16.55% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.16 percentage points. Avepoint stock is currently +94.71% from its 52-week low of $3.40, and -4.47% from its 52-week high of $6.93.
As of Jun 8, 2023, there are 191.59M AVPT shares outstanding. The market capitalization of AVPT is $1.27B. In the last 24 hours, 1.5M AVPT shares were traded.
How to Buy Avepoint Stock
Wondering how to invest in Avepoint stock? Here's how.
- Figure out where to buy Avepoint stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Avepoint stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Evaluate Avepoint stock: The Avepoint ticker symbol is AVPT. Is Avepoint stock a good investment? Should you buy shares of AVPT? How do AVPT's underlying business fundamentals look? Do top analysts think Avepoint is a good buy? Why has AVPT's stock price moved recently? (Hint: Our stock analysis website can help you decide if AVPT is a good stock to buy).
- Execute your AVPT buy order: Decide if you will purchase AVPT shares at the current market price or use a limit order to buy AVPT stock at a given price.
- Get notifications regarding your AVPT position: Create a watchlist to important notifications about your investment in Avepoint shares.
Step 1: Figure out where to buy Avepoint stock
You will need an online brokerage account to access the NASDAQ market and buy AVPT shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy AVPT today.
How to Start a New Account on eToro
- Click here to get started.
- Enter your personal data to start a new brokerage account.
- Submit your information by hitting the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have finished signing up on investing apps, you need to deposit funds:
Check out the tutorial below for more details depositing funds into your investment account.
Step 4: Evaluate Avepoint stock
Once you have selected the best place to buy Avepoint stock, it's crucial to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Avepoint Numbers
Avepoint Due Diligence Checks
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on AVPT's stock page.
How is AVPT stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge AVPT's intrinsic value.
Using relative valuations measures:
- AVPT may be undervalued based on its P/B ratio of 5.58x, relative to Software - Infrastructure industry P/B ratio of 11.75x
You can access more valuation research on AVPT's stock here.
A look at AVPT Cashflows and Balance Sheet
Positive Health Checks:
- AVPT's operating cash flow of $6.60M allows it to safely service it's debt of $11.76M.
- There are more short-term assets than long-term liabilities on the AVPT balance sheet.
- There are more short-term assets than short-term liabilities on the AVPT balance sheet.
- AVPT profit margin has gone up from -32.3% to -16.2% in the past year.
Negative Health Checks:
- AVPT earnings of -$32.41M is not enough to cover its interest payments.
- AVPT has a relatively high debt to equity ratio of 0.71.
Is AVPT stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who research AVPT, the consensus analyst rating on Avepoint is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest AVPT Analyst Recommendations
Fatima Boolani, a top 17% analyst from Citigroup maintains AVPT with a hold rating and raises their AVPT price target from $4.70 to $5.80, on May 23, 2023.
Brett Knoblauch, a bottom 7% analyst from Cantor Fitzgerald maintains AVPT with a strong buy rating and raises their AVPT price target from $7.00 to $8.00, on May 11, 2023.
Gabriela Borges, a bottom 7% analyst from Goldman Sachs initiates coverage on AVPT with a hold rating and announces their AVPT price target of $5.50, on Feb 14, 2023.
You can dig deeper into what analysts are saying on the Avepoint stock forecast page.
AVPT Momentum
AVPT Growth Numbers
Last year, AVPT revenue was $241.62M. In the past three year, AVPT's revenue has grown by 185.64% per year. This was faster than the Software - Infrastructure industry average of 17.12%.
Dive into AVPT's earnings and revenue performance here.
What are AVPT insiders up to?
In the past year, executives and large shareholders at AVPT have sold more shares than they have bought.
Brian Michael Brown, Chief Legal Officer of AVPT, was the latest AVPT insider to sell. They sold $48,033.27 worth of AVPT stock on Jun 1, 2023.
Get more info about who owns AVPT stock here.
Does AVPT stock generate passive income?
No, Avepoint doesn't provide an income stream by paying out dividends.
AVPT Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your AVPT buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you require additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your AVPT position
Now that you own some shares in AVPT, you'll want to keep up with your new investment.
Make a watchlist to get notified of important updates regarding your AVPT stock.
AVPT Feed
How to Buy Stock in Avepoint
To reiterate, here are the 6 steps to buy Avepoint stock:
- Figure out where to buy Avepoint stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Avepoint stock
- Execute your AVPT buy order
- Get notifications regarding your AVPT position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Avepoint, create a watchlist on WallStreetZen today.
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