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After finishing at $29.18 in the prior trading day, APA Corporation (NASDAQ: APA) closed at $29.26, up 0.27%. In other words, the price has increased by $0.27 from its previous closing price. On the day, 9.6 million shares were traded. APA stock price reached its highest trading level at $29.77 during the session, while it also had its lowest trading level at $28.92.
Ratios:
Our goal is to gain a better understanding of APA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 106.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 1.99.
On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APA now has a Market Capitalization of 10861077504 and an Enterprise Value of 17104088064. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.27, and their Forward P/E ratio for the next fiscal year is 5.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 2.116 whereas that against EBITDA is 3.461.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $46.15, while it has fallen to a 52-week low of $28.90. The 50-Day Moving Average of the stock is -9.85%, while the 200-Day Moving Average is calculated to be -19.91%.
Shares Statistics:
The stock has traded on average 7.23M shares per day over the past 3-months and 6505820 shares per day over the last 10 days, according to various share statistics. A total of 371.19M shares are outstanding, with a floating share count of 369.18M. Insiders hold about 0.54% of the company’s shares, while institutions hold 68.06% stake in the company. Shares short for APA as of 1713139200 were 18574080 with a Short Ratio of 2.57, compared to 1710460800 on 23306136. Therefore, it implies a Short% of Shares Outstanding of 18574080 and a Short% of Float of 5.72.
Dividends & Splits
In the trailing 12 months, APA’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.03427005The stock’s 5-year Average Dividend Yield is 2.75.
