AvidXchange AVDX
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
AvidXchange (AVDX) Business Model and Operations Summary
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.
Key Insights
AvidXchange (AVDX) Core Market Data and Business Metrics
Latest Closing Price
$8.64Market Cap
$1.77 BillionPrice-Earnings Ratio
216.00Total Outstanding Shares
204.44 Million SharesTotal Employees
1,600Dividend
No dividendIPO Date
October 13, 2021SIC Description
Services-prepackaged SoftwarePrimary Exchange
NASDAQHeadquarters
1210 Avidxchange Lane, Charlotte, NC, 28206
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 3,043,796 Shares | 1.6 | 3/14/2025 | 4,865,121 Shares |
| 2,289,917 Shares | 2.43 | 2/28/2025 | 5,572,046 Shares |
| 1,104,988 Shares | 3.56 | 2/14/2025 | 3,939,148 Shares |
| 1,226,062 Shares | 3.41 | 1/31/2025 | 4,176,193 Shares |
| 2,006,140 Shares | 2.51 | 1/15/2025 | 5,043,180 Shares |
| 1,256,120 Shares | 4.06 | 12/31/2024 | 5,096,399 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $-379.65 Million |
| Net Cash Flow From Operating Activities, Continuing | $71.93 Million |
| Net Cash Flow From Financing Activities | $-440.27 Million |
| Net Cash Flow From Investing Activities | $-11.31 Million |
| Net Cash Flow From Investing Activities, Continuing | $-11.31 Million |
| Net Cash Flow From Operating Activities | $71.93 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Depreciation and Amortization | $36.28 Million |
| Costs And Expenses | $429.87 Million |
| Income Tax Expense/Benefit, Deferred | $187,000 |
| Diluted Average Shares | $209.16 Million |
| Net Income/Loss Attributable To Parent | $8.14 Million |
| Interest Expense, Operating | $11.33 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss Attributable To Parent | $8.14 Million |
| Comprehensive Income/Loss | $8.14 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $15.49 Million |
| Fixed Assets | $97.59 Million |
| Liabilities | $1.42 Billion |
| Equity | $671.83 Million |
| Other Current Liabilities | $1.32 Billion |
| Liabilities And Equity | $2.09 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||