Avid Technology Enters into Definitive Agreement to Be Acquired byan Affiliate of STG for 1.4 Billion

AVIDDelisted Stock  USD 25.12  0.04  0.16%   
About 55% of Avid Technology's investor base is interested to short. The analysis of current outlook of investing in Avid Technology suggests that many traders are impartial regarding Avid Technology's prospects. The current market sentiment, together with Avid Technology's historical and current headlines, can help investors time the market. In addition, many technical investors use Avid Technology stock news signals to limit their universe of possible portfolio assets.
  
Avid-STG Avid-STG Stockholders to Receive 27.05 Per Share in Cash Transaction Represents 32.1 percent Premium to Avids Unaffected Share Price on May 23, 2023 Avid to Become a Privately Held Company Upon Completion of the Transaction BURLINGTON, Mass., Aug. 09, 2023 Avid , a leading technology provider that powers the media and entertainment industry, today announced that it has entered into a definitive agreement to be acquired by an affiliate of STG in an all-cash

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Avid Technology Fundamental Analysis

We analyze Avid Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avid Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avid Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Z Score

Z Score Comparative Analysis

Avid Technology is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Avid Technology Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Avid Technology stock to make a market-neutral strategy. Peer analysis of Avid Technology could also be used in its relative valuation, which is a method of valuing Avid Technology by comparing valuation metrics with similar companies.

Peers

Avid Technology Related Equities

EBEventbrite   6.82   
0%
20.0%
PYCRPaycor HCM   2.16   
0%
6.0%
ENFNEnfusion   2.01   
0%
6.0%
HTCRHeartCore Enterprises   1.78   
0%
5.0%
BSYBentley Systems   0.95   
0%
2.0%
PCTYPaylocity Holdng   0.93   
0%
2.0%
APPFAppfolio   0.84   
0%
2.0%
AGYSAgilysys   0.67   
0%
2.0%
MANHManhattan Associates   0.33   
0%
1.0%
ANSSANSYS   0.17   
1.0%
0%
BLKBBlackbaud   0.85   
2.0%
0%
ASURAsure Software   1.02   
3.0%
0%
BMRBeamr Imaging   3.36   
10.0%
0%
ALKTAlkami Technology   3.57   
10.0%
0%
IFBDInfobird   7.58   
22.0%
0%
IDAITrust Stamp   33.33   
100.0%
0%
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Avid Stock

If you are still planning to invest in Avid Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Technology's history and understand the potential risks before investing.
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