The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Applied Therapeutics Inc (NASDAQ: APLT) closed at $0.87 in the last session, down -7.36% from day before closing price of $0.94. In other words, the price has decreased by -$7.36 from its previous closing price. On the day, 7.33 million shares were traded. APLT stock price reached its highest trading level at $0.9601 during the session, while it also had its lowest trading level at $0.8492.
Ratios:
We take a closer look at APLT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.29.
On December 02, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $13 to $2.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 29, 2024, whereas the target price for the stock was revised from $12 to $4.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 22 ’24 when Funtleyder Leslie D. sold 13,530 shares for $5.83 per share. The transaction valued at 78,880 led to the insider holds 277,911 shares of the business.
Perfetti Riccardo sold 22,681 shares of APLT for $132,230 on Aug 22 ’24. The Chief Medical Officer now owns 986,853 shares after completing the transaction at $5.83 per share. On Aug 13 ’24, another insider, Shendelman Shoshana, who serves as the President and CEO of the company, sold 357,423 shares for $6.18 each. As a result, the insider received 2,208,874 and left with 4,810,430 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APLT now has a Market Capitalization of 101718416 and an Enterprise Value of 4822829. Its current Enterprise Value per Revenue stands at -22.749 whereas that against EBITDA is -0.052.
Stock Price History:
Over the past 52 weeks, APLT has reached a high of $10.62, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -83.16%, while the 200-Day Moving Average is calculated to be -84.39%.
Shares Statistics:
According to the various share statistics, APLT traded on average about 5.43M shares per day over the past 3-months and 6237890 shares per day over the past 10 days. A total of 116.36M shares are outstanding, with a floating share count of 86.61M. Insiders hold about 25.56% of the company’s shares, while institutions hold 88.02% stake in the company. Shares short for APLT as of 1734048000 were 18149852 with a Short Ratio of 3.34, compared to 1731628800 on 13562020. Therefore, it implies a Short% of Shares Outstanding of 18149852 and a Short% of Float of 17.41.
