The Week Ahead: Are Investors Really Too Optimistic About Apollomics Inc (NASDAQ: APLM)

Apollomics Inc (NASDAQ:APLM) currently has a daily average trading volume of 3.95M but it saw 1183982 shares traded in last market. With a market cap of 14.23M USD, the company’s current market price of $0.13 came rising about 3.23 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.14 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.1211 while lowest mark touched by it was $0.1315.

Taking a look at 20-day trading activity of Apollomics Inc (APLM) gives us an average price of $0.1637, while its current price level is -97.45% below from 52-week high level whereas it is 9.17% 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 $0.1881 while that of 200 days or SMA-200 reads an average of $0.5483. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.45% during that period while stretching the period over a month that increases to 16.29%. 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 32.91 which implies that the stock is in neutral territory.

Over the week, APLM’s stock price is moving -2.31% down while it is -36.10% when we observe its performance for the past one month. Year-to-date it is -86.42% down and over the past year, the stock is showing a downside performance of -97.47%.

Currently, Apollomics Inc’s total number of outstanding shares is 108.66M. Company’s return on investment (ROI) stands at -415.90%. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 0.02.