Apollo Global Management Inc (APO) At $159.82 Offering A Unique Opportunity

Apollo Global Management Inc (NYSE:APO) currently has a daily average trading volume of 2.92M but it saw 3532530 shares traded in last market. With a market cap of 91.02B USD, the company’s current market price of $159.82 came falling about -2.35 while comparing to the previous closing price of $163.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $166.72 and as low as $82.71. In the recent trading on the day, stock has struck highest price mark of $159.3227 while lowest mark touched by it was $162.24.

Taking a look at 20-day trading activity of Apollo Global Management Inc (APO) gives us an average price of $145.55, while its current price level is -4.14% below from 52-week high level whereas it is 93.23% 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 $131.10 while that of 200 days or SMA-200 reads an average of $117.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.01% during that period while stretching the period over a month that decreases to 2.00%. 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 71.82 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which initiated the stock as “Outperform” in its note to investors issued on September 25, 2024, recommending a price target of $139 for it. Redburn Atlantic also issued its recommendations for the stock as it initiated the price target for the stock is $153.

Over the week, APO’s stock price is moving 11.56% up while it is 15.79% when we observe its performance for the past one month. Year-to-date it is 71.50% up and over the past year, the stock is showing an upside performance of 89.47%.

Currently, Apollo Global Management Inc’s total number of outstanding shares is 567.76M. Company’s return on investment (ROI) stands at 20.56% and return on equity (ROE) at 44.00%. It has a price to earnings ratio (P/E ratio) of 16.82 while having a 18.84 of forward P/E ratio. Stock’s beta reads 1.60. Stock has a price to book (P/B) ratio of 5.49 while price to sale or P/S ratio amounts to 2.83. Its return on asset (ROA) is 1.78% on average.