Advantage Solutions Inc. (NASDAQ: ADV) Becomes The New Buzzing Stock: Sports A Monthly Volatility Of 5.99%

Advantage Solutions Inc. (NASDAQ:ADV) does about 746.94K shares in volume on a normal day but saw 1684867 shares change hands in Monday’s trading. The company now has a market cap of 1.11B USD. Its current market price is $3.42, marking a decrease of -2.56% compared to the previous close of $3.51. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $1.27.

Advantage Solutions Inc. (ADV) has a 20-day trading average at $4.29 and the current price is -30.91% off the 52-week high compared with 169.29% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.19 and its 200-day simple moving average is $3.37. If we look at the stock’s price movements over the week, volatility stands at 10.52%, which decreases to 5.99% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 26.90 to suggest the stock is oversold.

The consensus objective for the share price is $4.50, suggesting that the stock has a potential upside of 24.0% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 06, 2023 when Canaccord Genuity initiated the stock to “Buy” and issued a price target of $4. Deutsche Bank initiated its price target at $7.

Advantage Solutions Inc. (ADV) stock is down -24.34% over the week and -18.96% over the past month. Its price is -5.52% year-to-date and 137.50% over the past year.

To reach the target analysts have set, the stock logically needs to grow 24.0 percent from here.

The company has a return on investment of -2.71% and return on equity of -5.94%. The forward price to earnings ratio is 5.77. The beta has a value of 1.60. Price to book ratio is 1.00 and price to sales ratio is 0.27.