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Why is Avaya Holdings Corp. (AVYA) down -98.83% from the day 1 this year?

At the end of the latest market close, Avaya Holdings Corp. (AVYA) was valued at $0.24. In that particular session, Stock kicked-off at the price of $0.2547 while reaching the peak value of $0.2547 and lowest value recorded on the day was $0.222. The stock current value is $0.22.Recently in News on December 30, 2022, Avaya Receives Continued Listing Standard Notice from NYSE. Avaya Holdings Corp. (NYSE: AVYA) (“Avaya” or “the Company”), a global leader in solutions to enhance and simplify communications and collaboration, today announced that on December 29, 2022, it received notice from the New York Stock Exchange (“NYSE”) indicating that the Company is no longer in compliance with the NYSE’s continued listing standards because the average closing price of the Company’s common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s common stock from the NYSE. You can read further details here

Avaya Holdings Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.3988 on 01/11/23, with the lowest value was $0.1800 for the same time period, recorded on 01/05/23.

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Avaya Holdings Corp. (AVYA) full year performance was -98.83%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Avaya Holdings Corp. shares are logging -98.88% during the 52-week period from high price, and 84.46% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.12 and $19.93.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 8111100 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Avaya Holdings Corp. (AVYA) recorded performance in the market was 13.88%, having the revenues showcasing -81.70% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 20.82M, as it employees total of 8063 workers.

Specialists analysis on Avaya Holdings Corp. (AVYA)

During the last month, 0 analysts gave the Avaya Holdings Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.1421, with a change in the price was noted -1.10. In a similar fashion, Avaya Holdings Corp. posted a movement of -83.09% for the period of last 100 days, recording 11,662,280 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AVYA is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 6.54.

Trends and Technical analysis: Avaya Holdings Corp. (AVYA)

Raw Stochastic average of Avaya Holdings Corp. in the period of last 50 days is set at 6.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 20.40%. In the last 20 days, the company’s Stochastic %K was 37.23% and its Stochastic %D was recorded 48.03%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 13.88%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -91.07%, alongside a downfall of -98.83% for the period of the last 12 months. The shares increased approximately by -14.68% in the 7-day charts and went down by 47.33% in the period of the last 30 days. Common stock shares were lifted by -81.70% during last recorded quarter.

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