Stock That Is Worth Exploring Now: Apollo Global Management Inc (NYSE: APO)

Apollo Global Management Inc (NYSE:APO) does about 2.44M shares in volume on a normal day but saw 2128316 shares change hands in Monday trading. The company now has a market cap of 91.74B USD. Its current market price is $115.92, marking a decrease of -2.37% compared to the previous close of $118.74. The 52 week high reached by this stock is $120.80 whilst the lowest price level in 52 weeks is $73.77.

Apollo Global Management Inc (APO) has a 20-day trading average at $117.62 and the current price is -4.04% off the 52-week high compared with 57.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $114.81 and its 200-day simple moving average is $102.34. If we look at the stock’s price movements over the week, volatility stands at 2.28%, which increases to 2.43% 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 46.77 to suggest the stock is neutral.

The consensus objective for the share price is $126.29, suggesting that the stock has a potential upside of 8.21% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 28, 2024 when JP Morgan resumed the stock to “Overweight” and issued a price target of $122. BMO Capital Markets resumed its price target at $108.

Apollo Global Management Inc (APO) stock is down -1.82% over the week and -0.31% over the past month. Its price is 24.39% year-to-date and 55.58% over the past year.

To reach the target analysts have set, the stock logically needs to grow 8.21 percent from here.

The company has a return on investment of 22.39% and return on equity of 47.40%. The price to earnings ratio (P/E ratio) amounts to 12.94 while the forward price to earnings ratio is 12.85. The beta has a value of 1.59. Price to book ratio is 4.93 and price to sales ratio is 2.64.