With 222.20M Outstanding Shares, Can Air Products & Chemicals Inc. (NYSE: APD) Deliver Big Short-Term Gains?

Air Products & Chemicals Inc. (NYSE:APD) currently has a daily average trading volume of 1.81M but it saw 1754844 shares traded in last market. With a market cap of 57.50B USD, the company’s current market price of $258.64 came falling about -0.60 while comparing to the previous closing price of $260.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $307.71 and as low as $212.24.

Taking a look at 20-day trading activity of Air Products & Chemicals Inc. (APD) gives us an average price of $258.02, while its current price level is -15.95% below from 52-week high level whereas it is 21.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $264.35 while that of 200 days or SMA-200 reads an average of $257.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.79% during that period while stretching the period over a month that decreases to 2.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.85 which implies that the stock is in neutral territory.

Over the week, APD’s stock price is moving -2.98% down while it is -3.16% when we observe its performance for the past one month. Year-to-date it is -5.54% down and over the past year, the stock is showing a downside performance of -15.44%.

Currently, Air Products & Chemicals Inc.’s total number of outstanding shares is 222.20M. Company’s return on investment (ROI) stands at 8.77% and return on equity (ROE) at 17.00%. It has a price to earnings ratio (P/E ratio) of 23.40 while having a 19.36 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 3.85 while price to sale or P/S ratio amounts to 4.73. Its return on asset (ROA) is 7.54% on average.