Applied Therapeutics Inc (NASDAQ: APLT) Emerges As Guiding Light For Investors

Applied Therapeutics Inc (NASDAQ:APLT) currently has a daily average trading volume of 5.07M but it saw 6371936 shares traded in last market. With a market cap of 118.68M USD, the company’s current market price of $1.02 came falling about -5.56 while comparing to the previous closing price of $1.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.62 and as low as $0.95. In the recent trading on the day, stock has struck highest price mark of $1.0 while lowest mark touched by it was $1.1.

Taking a look at 20-day trading activity of Applied Therapeutics Inc (APLT) gives us an average price of $3.3507, while its current price level is -90.40% below from 52-week high level whereas it is 7.37% 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 $6.7742 while that of 200 days or SMA-200 reads an average of $5.8703. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.49% during that period while stretching the period over a month that increases to 13.71%. 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 17.35 which implies that the stock is in oversold 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 UBS which downgraded the stock as “Neutral” in its note to investors issued on December 02, 2024, recommending a price target of between $13 and $2 for it. RBC Capital Mkts downgraded its recommendation for the stock as a “Sector Perform” from “Outperform” on November 29, 2024 while assigning a price target range of $12-$4.

Over the week, APLT’s stock price is moving -10.53% down while it is -88.58% when we observe its performance for the past one month. Year-to-date it is -69.55% down and over the past year, the stock is showing a downside performance of -66.45%.

Currently, Applied Therapeutics Inc’s total number of outstanding shares is 116.36M. Company’s return on investment (ROI) stands at -1270.08%. Stock’s beta reads 1.82. Stock has a price to book (P/B) ratio of 20.14 while price to sale or P/S ratio amounts to 11.13. Its return on asset (ROA) is -189.48% on average.