AppTech Payments Corp (NASDAQ: APCX) Recovers 11.91% From 52-Week Low, Is APCX Still A High-Risk, High-Reward Play?

AppTech Payments Corp (NASDAQ:APCX) currently has a daily average trading volume of 144.65K but it saw 858574 shares traded in last market. With a market cap of 18.90M USD, the company’s current market price of $0.76 came falling about -9.51 while comparing to the previous closing price of $0.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.58 and as low as $0.68. In the recent trading on the day, stock has struck highest price mark of $0.7536 while lowest mark touched by it was $0.92.

Taking a look at 20-day trading activity of AppTech Payments Corp (APCX) gives us an average price of $0.8155, while its current price level is -78.74% below from 52-week high level whereas it is 11.91% 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 $0.9249 while that of 200 days or SMA-200 reads an average of $1.2192. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.45% during that period while stretching the period over a month that increases to 10.78%. 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 40.49 which implies that the stock is in neutral territory.

Over the week, APCX’s stock price is moving -8.42% down while it is -15.45% when we observe its performance for the past one month. Year-to-date it is -61.76% down and over the past year, the stock is showing a downside performance of -71.50%.

Currently, AppTech Payments Corp’s total number of outstanding shares is 22.25M. Company’s return on investment (ROI) stands at -678.70% and return on equity (ROE) at -735.62%. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 10.87 while price to sale or P/S ratio amounts to 41.09. Its return on asset (ROA) is -252.47% on average.