Are Analysts Too Bullish On Apollomics Inc (APLM)

Apollomics Inc (NASDAQ:APLM) currently has a daily average trading volume of 3.97M but it saw 1309576 shares traded in last market. With a market cap of 12.91M USD, the company’s current market price of $0.12 came rising about 5.13 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.80 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.1053 while lowest mark touched by it was $0.1274.

Taking a look at 20-day trading activity of Apollomics Inc (APLM) gives us an average price of $0.1358, while its current price level is -97.53% below from 52-week high level whereas it is 5.13% 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 $0.1735 while that of 200 days or SMA-200 reads an average of $0.5163. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.03% during that period while stretching the period over a month that increases to 15.34%. 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 35.38 which implies that the stock is in neutral territory.

Over the week, APLM’s stock price is moving -11.48% down while it is -25.47% when we observe its performance for the past one month. Year-to-date it is -87.69% down and over the past year, the stock is showing a downside performance of -97.62%.

Currently, Apollomics Inc’s total number of outstanding shares is 89.50M. Company’s return on investment (ROI) stands at -262.49% and return on equity (ROE) at -149.31%. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 0.26. Its return on asset (ROA) is -107.81% on average.