AeroVironment Inc. (NASDAQ:AVAV) currently has a daily average trading volume of 233.28K but it saw 1147103 shares traded on Thursday. With a market cap of 2.38B USD, stock’s current market price of $92.04 came falling about -15.51 while comparing to the previous closing price of $108.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $112.39 and as low as $70.08. In the recent trading on the day, stock has struck highest price mark of $102.66 while lowest mark touched by it was $88.24.
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Taking a look at 20-day trading activity of AeroVironment Inc. (AVAV) gives us an average price of $104.35, while its current price level is -18.11% below from 52-week high level whereas it is 31.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $100.72 while that of 200 days or SMA-200 reads an average of $91.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.76% during that period while stretching the period over a month that decreases to 3.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.79 which implies that the stock is in neutral territory.
Over the week, AVAV’s stock price is moving -15.76% down while it is -7.60% when we observe its performance for the past one month. Year-to-date it is 7.45% up and over the past year, the stock is showing an upside performance of 9.85%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2023, when its quarterly earnings per share (EPS) of $0.33 beaten by the consensus estimate of $0.41 for the same. In next quarter, company is expected to be making quarterly sales of $124.77 million as analysts are expecting the sales for current fiscal year at $519.31 million and seeing the company making $595.85 million in sales next year. Moreover, analysts are in estimates of $164.97 million for current-quarter revenue.
Currently, AeroVironment Inc.’s total number of outstanding shares is 25.01M with 1.44% of that held by the insiders while 90.72% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.90% and return on equity (ROE) at -1.40%. It has a 44.59 of forward P/E ratio. Stock’s beta reads 0.58. Stock has a price to book (P/B) ratio of 3.70 while price to sale or P/S ratio amounts to 4.90. Its return on asset (ROA) is -0.90% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.14% in the AeroVironment Inc. (AVAV) decreasing its stake to 7.22% with control over 2465.0 shares in the company. As per SEC documents, iShares Core S&P Small Cap ETF sought 1,822,938 of company’s common stock of worth $183.55 million as per recent closing price of the stock. iShares Core S&P Small Cap ETF is not the only institutional holder which restructured its stake in AeroVironment Inc., as Vanguard Total Stock Market ETF picked 737,970 shares of worth $74.31 million to bring its holdings to a total of 355.0 shares. In the most recent quarter, Vanguard Small Cap Index Fund came cutting its stake by -0.02% in the company and now holds 0.63 million or 2.48% of the company’s stake having worth of about 62.97 million.
