Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Applied Dna Sciences Inc (NASDAQ: APDN) was $4.1 for the day, down -8.69% from the previous closing price of $4.49. In other words, the price has decreased by -$8.69 from its previous closing price. On the day, 0.53 million shares were traded. APDN stock price reached its highest trading level at $4.62 during the session, while it also had its lowest trading level at $3.99.
Ratios:
Our analysis of APDN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 2.76. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, ROTH Capital on February 12, 2021, initiated with a Buy rating and assigned the stock a target price of $24.
On January 14, 2021, H.C. Wainwright reiterated its Buy rating and also upped its target price recommendation from $18 to $14. H.C. Wainwright reiterated its Buy rating for the stock on December 18, 2020, while the target price for the stock was revised from $20 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APDN now has a Market Capitalization of 5295006 and an Enterprise Value of 627208. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 0.168 whereas that against EBITDA is -0.048.
Stock Price History:
The Beta on a monthly basis for APDN is 0.12, which has changed by -0.9852252 over the last 52 weeks, in comparison to a change of 0.16766965 over the same period for the S&P500. Over the past 52 weeks, APDN has reached a high of $327.32, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is 12.54%, while the 200-Day Moving Average is calculated to be -90.95%.
Shares Statistics:
APDN traded an average of 409.15K shares per day over the past three months and 1701480 shares per day over the past ten days. A total of 1.29M shares are outstanding, with a floating share count of 1.29M. Insiders hold about 0.39% of the company’s shares, while institutions hold 7.14% stake in the company. Shares short for APDN as of 1757894400 were 196508 with a Short Ratio of 0.48, compared to 1755216000 on 66865. Therefore, it implies a Short% of Shares Outstanding of 196508 and a Short% of Float of 15.22.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for APDN’s current fiscal year. The highest revenue estimate was $3.4M, while the lowest revenue estimate was $3.4M, resulting in an average revenue estimate of $3.4M. In the same quarter a year ago, actual revenue was $3.43M
