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The price of Applied Dna Sciences Inc (NASDAQ: APDN) closed at $0.23 in the last session, down -5.16% from day before closing price of $0.24. In other words, the price has decreased by -$5.16 from its previous closing price. On the day, 4.34 million shares were traded. APDN stock price reached its highest trading level at $0.245 during the session, while it also had its lowest trading level at $0.2211.
Ratios:
We take a closer look at APDN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.17 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 11923123 and an Enterprise Value of -7362723. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.48 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at -2.167 whereas that against EBITDA is 0.527.
Stock Price History:
Over the past 52 weeks, APDN has reached a high of $14.40, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 17.55%, while the 200-Day Moving Average is calculated to be -86.44%.
Shares Statistics:
According to the various share statistics, APDN traded on average about 6.10M shares per day over the past 3-months and 5711900 shares per day over the past 10 days. A total of 52.29M shares are outstanding, with a floating share count of 52.28M. Insiders hold about 0.03% of the company’s shares, while institutions hold 12.05% stake in the company. Shares short for APDN as of 1732838400 were 1774175 with a Short Ratio of 0.87, compared to 1730332800 on 611099. Therefore, it implies a Short% of Shares Outstanding of 1774175 and a Short% of Float of 3.49.
