Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Applied Therapeutics Inc (NASDAQ: APLT) closed at $0.54 up 2.49% from its previous closing price of $0.53. In other words, the price has increased by $2.49 from its previous closing price. On the day, 3.66 million shares were traded.
Ratios:
For a deeper understanding of Applied Therapeutics Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 06 ’25 when Funtleyder Leslie D. sold 22,950 shares for $0.61 per share. The transaction valued at 14,000 led to the insider holds 404,961 shares of the business.
Perfetti Riccardo sold 86,078 shares of APLT for $52,508 on Feb 06 ’25. The Chief Medical Officer now owns 900,775 shares after completing the transaction at $0.61 per share. On Feb 06 ’25, another insider, Chinoporos Constantine, who serves as the insider of the company, sold 28,117 shares for $0.61 each. As a result, the insider received 17,151 and left with 271,883 shares of the company.
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 $0.53. The 50-Day Moving Average of the stock is -27.41%, while the 200-Day Moving Average is calculated to be -88.77%.
Shares Statistics:
A total of 116.36M shares are outstanding, with a floating share count of 92.18M. Insiders hold about 20.78% of the company’s shares, while institutions hold 83.99% stake in the company.
