Wall Street Zen Downgrades ACV Auctions (NYSE:ACVA) to Hold

ACV Auctions (NYSE:ACVA) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Friday.

ACV Auctions Price Performance

Shares of ACVA opened at $15.10 on Friday. The company has a market capitalization of $2.58 billion, a PE ratio of -33.56 and a beta of 1.71. ACV Auctions has a one year low of $11.88 and a one year high of $23.46. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.50 and a current ratio of 1.50.

ACV Auctions Company Profile

ACV Auctions Inc operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. It also provides data services that offer insights into the condition and value of used vehicles, as well as offers customer financing services. ACV Auctions Inc was incorporated in 2014 and is headquartered in Buffalo, New York.