Aptorum Group Limited (NASDAQ:APM) does about 122.90K shares in volume on a normal day but saw 3164072 shares change hands in Tuesday trading. The company now has a market cap of 61.99M USD. Its current market price is $2.05, marking an increase of 0.99% compared to the previous close of $2.03. The 52 week high reached by this stock is $18.25 whilst the lowest price level in 52 weeks is $1.66. The script in recent trading has seen the stock touch a high of $2.56 and a low of $1.815.
Aptorum Group Limited (APM) has a 20-day trading average at $3.05 and the current price is -88.77% off the 52-week high compared with 23.49% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.38 and its 200-day simple moving average is $7.33. If we look at the stock’s price movements over the week, volatility stands at 20.64%, which decreases to 10.44% 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 22.38 to suggest the stock is oversold.
2 analysts observing the Aptorum Group Limited (APM) stock have set the 12-month price targets for the company’s shares at between $11.00 and $15.00. The median price target is 84.23% away from the current levels at $13.00.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is -34.60%, -40.09%, and -72.29% away from its SMA20, SMA50, and SMA200 respectively, with the APM price moving above the 50-day SMA on September 01. Aptorum Group Limited (APM) stock is down -27.05% over the week and -45.33% over the past month. Its price is -87.07% year-to-date and -87.55% over the past year.
Its 12-month price target is $13.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $11.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $15.00.
Outstanding shares total 29.04M with insiders holding 37.66% of the shares and institutional holders owning 0.01% of the company’s common stock. The company has a return on investment of -103.00% and return on equity of -75.50%. Price to book ratio is 3.66 and price to sales ratio is 123.98.
According to a U.S. Securities and Exchange Commission filing, Fidelity Nasdaq Composite Index F has added its position in Aptorum Group Limited (APM) to 1,449 shares, mirroring a recent increase by 208.30%. Fidelity Nasdaq Composite Index F added 979.0 shares of Aptorum Group Limited common stock bringing its total worth to about $5492.0 at the end of recent close, SEC documents show.