Applied Therapeutics Inc (NASDAQ: APLT) Now $0.78 Higher From Its Low (0.11), Does It Still Have A Growth Story?

Applied Therapeutics Inc (NASDAQ:APLT) currently has a daily average trading volume of 5.13M but it saw 7398262 shares traded in last market. With a market cap of 103.16M USD, the company’s current market price of $0.89 came rising about 4.11 while comparing to the previous closing price of $0.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.62 and as low as $0.78. In the recent trading on the day, stock has struck highest price mark of $0.7726 while lowest mark touched by it was $0.9.

Taking a look at 20-day trading activity of Applied Therapeutics Inc (APLT) gives us an average price of $1.5903, while its current price level is -91.65% below from 52-week high level whereas it is 13.67% 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 $6.1479 while that of 200 days or SMA-200 reads an average of $5.7583. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.37% during that period while stretching the period over a month that increases to 14.93%. 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 17.49 which implies that the stock is in oversold territory.

UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on December 02, 2024 while assigning a price target range of $13-$2. RBC Capital Mkts also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $12 and $4.

Over the week, APLT’s stock price is moving -17.91% down while it is -90.75% when we observe its performance for the past one month. Year-to-date it is -73.53% down and over the past year, the stock is showing a downside performance of -70.64%.

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 1.76. Stock has a price to book (P/B) ratio of 17.51 while price to sale or P/S ratio amounts to 9.68. Its return on asset (ROA) is -189.48% on average.