Applied Therapeutics Inc (NASDAQ:APLT) currently has a daily average trading volume of 7.33M but it saw 1808618 shares traded in last market. With a market cap of 59.37M USD, the company’s current market price of $0.51 came falling about -2.07 while comparing to the previous closing price of $0.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.62 and as low as $0.49.
Taking a look at 20-day trading activity of Applied Therapeutics Inc (APLT) gives us an average price of $0.5724, while its current price level is -95.20% below from 52-week high level whereas it is 4.51% 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 $0.7077 while that of 200 days or SMA-200 reads an average of $4.7762. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.95% during that period while stretching the period over a month that decreases to 10.93%. 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 29.41 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 -9.73% down while it is -10.65% when we observe its performance for the past one month. Year-to-date it is -40.41% down and over the past year, the stock is showing a downside performance of -90.37%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.18 while estimate for next year EPS is -1.33. In next quarter, company is expected to be making quarterly sales of $12.32M as analysts are expecting the sales for current fiscal year at $553k and seeing the company making $15.14M in sales next year. Moreover, analysts are in estimates of $100k for current-quarter revenue.
Currently, Applied Therapeutics Inc’s total number of outstanding shares is 116.36M with 5.70% of that held by the insiders while 107.39% of its common stock has been owned by the institutions. Stock’s beta reads 1.88. Stock has a price to book (P/B) ratio of 10.08.
