Avaya Holdings Corp. [AVYA] is -91.97% lower this YTD. Is it still time to buy?

Avaya Holdings Corp. [NYSE: AVYA] stock went on an upward path that rose over 8.16% on Monday, amounting to a one-week price decrease of less than -20.90%. The company report on August 25, 2022 that Avaya Partners SST to Accelerate Cloud Contact Center Development in Hong Kong.


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Avaya (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, has today announced expanding its long-standing partnership with Sen Spirit Technology Limited (SST), Hong Kong’s leading distributor of communication technologies, to provide the Avaya OneCloud CCaaS to businesses in HongKong.

With this expanded partnership, SST will enable government agencies, banks, financial institutes, and telecommunications industry to speed up their adoption and development of end-to-end communication service in the cloud. Avaya’s engineers of professional certified system will also provide consulting service and technical support to our partners, driving Avaya OneCloudTM CCaaS’s further growth in Hong Kong.

Over the last 12 months, AVYA stock dropped by -92.17%. The average equity rating for AVYA stock is currently 3.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $153.16 million, with 85.60 million shares outstanding and 71.43 million shares in the current float. Compared to the average trading volume of 17.77M shares, AVYA stock reached a trading volume of 8118489 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Avaya Holdings Corp. [AVYA]:

Craig Hallum have made an estimate for Avaya Holdings Corp. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 29, 2022. While these analysts kept the previous recommendation, Barclays dropped their target price from $8 to $5. The new note on the price target was released on May 17, 2022, representing the official price target for Avaya Holdings Corp. stock. Previously, the target price had yet another drop from $26 to $6, while Cowen kept a Market Perform rating on AVYA stock.

The Average True Range (ATR) for Avaya Holdings Corp. is set at 0.27, with the Price to Sales ratio for AVYA stock in the period of the last 12 months amounting to 0.06. The Price to Book ratio for the last quarter was 0.31, with the Price to Cash per share for the same quarter was set at 3.36.

AVYA Stock Performance Analysis:

Avaya Holdings Corp. [AVYA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.90. With this latest performance, AVYA shares gained by 4.61% in over the last four-week period, additionally sinking by -87.79% over the last 6 months – not to mention a drop of -92.17% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AVYA stock in for the last two-week period is set at 48.94, with the RSI for the last a single of trading hit 47.02, and the three-weeks RSI is set at 47.66 for Avaya Holdings Corp. [AVYA]. The present Moving Average for the last 50 days of trading for this stock 1.4665, while it was recorded at 1.6380 for the last single week of trading, and 9.0873 for the last 200 days.

Insight into Avaya Holdings Corp. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Avaya Holdings Corp. [AVYA] shares currently have an operating margin of +7.06 and a Gross Margin at +50.15. Avaya Holdings Corp.’s Net Margin is presently recorded at -0.44.

Return on Equity for this stock declined to -4.14, with Return on Assets sitting at -0.21.

Avaya Holdings Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.70.

AVYA Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AVYA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Avaya Holdings Corp. go to 4.30%.

Avaya Holdings Corp. [AVYA] Insider Position Details

There are presently around $146 million, in the hands of institutional investors. The top three institutional holders of AVYA stocks are: VANGUARD GROUP INC with ownership of 9,531,774, which is approximately 1.921% of the company’s market cap and around 17.40% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 8,369,041 shares of the stock with an approximate value of $13.31 million in AVYA stocks shares; and BLACKROCK INC., currently with $11.89 million in AVYA stock with ownership of nearly 26.014% of the company’s market capitalization.

Positions in Avaya Holdings Corp. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 112 institutional holders increased their position in Avaya Holdings Corp. [NYSE:AVYA] by around 33,440,809 shares. Additionally, 90 investors decreased positions by around 32,608,887 shares, while 19 investors held positions by with 25,868,008 shares. The mentioned changes placed institutional holdings at 91,917,704 shares, according to the latest SEC report filing. AVYA stock had 44 new institutional investments in for a total of 17,795,389 shares, while 48 institutional investors sold positions of 18,413,095 shares during the same period.

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