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After finishing at $32.06 in the prior trading day, APA Corporation (NASDAQ: APA) closed at $32.05, down -0.03%. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 4.52 million shares were traded. APA stock price reached its highest trading level at $32.18 during the session, while it also had its lowest trading level at $31.64.
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 136.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 2.02.
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 11908273152 and an Enterprise Value of 16091292672. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.46, and their Forward P/E ratio for the next fiscal year is 6.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 3.66. Its current Enterprise Value per Revenue stands at 1.988 whereas that against EBITDA is 3.153.
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 $29.47. The 50-Day Moving Average of the stock is -0.91%, while the 200-Day Moving Average is calculated to be -12.73%.
Shares Statistics:
The stock has traded on average 6.99M shares per day over the past 3-months and 5823510 shares per day over the last 10 days, according to various share statistics. A total of 370.89M shares are outstanding, with a floating share count of 368.88M. Insiders hold about 0.54% of the company’s shares, while institutions hold 68.07% stake in the company. Shares short for APA as of 1711584000 were 22090225 with a Short Ratio of 3.16, compared to 1709164800 on 19492876. Therefore, it implies a Short% of Shares Outstanding of 22090225 and a Short% of Float of 8.48.
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 0.031191515The stock’s 5-year Average Dividend Yield is 2.75.
