Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) shares, rose in value on Thursday, May 08, with the stock price up by 14.11% to the previous day’s close as strong demand from buyers drove the stock to $5.50.
Actively observing the price movement in the last trading, the stock closed the session at $4.82. Referring to stock’s 52-week performance, its high was $6.19, and the low was $2.31. On the whole, AVAH has fluctuated by 14.58% over the past month.
With the market capitalization of Aveanna Healthcare Holdings Inc currently standing at about $1.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AVAH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of AVAH currently trading nearly 18.65% and 15.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.74, while the 7-day volatility ratio is showing 6.87% which for the 30-day chart, stands at 5.86%. Furthermore, Aveanna Healthcare Holdings Inc (AVAH)’s beta value is 2.01, and its average true range (ATR) is 0.34.
A comparison of Aveanna Healthcare Holdings Inc (AVAH) with its peers suggests the former has fared considerably weaker in the market. AVAH showed an intraday change of 14.11% in last session, and over the past year, it grew by 132.07%%.
Data on historical trading for Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) indicates that the trading volumes over the past 3 months, they’ve averaged 297.70K. According to company’s latest data on outstanding shares, there are 193.23 million shares outstanding.
Nearly 74.65% of Aveanna Healthcare Holdings Inc’s shares belong to company insiders and institutional investors own 22.34% of the company’s shares. The stock has risen by 20.35% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AVAH stock heading into the next quarter.
