In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of APA Corporation (NASDAQ: APA) closed at $22.44 in the last session, up 1.40% from day before closing price of $22.13. In other words, the price has increased by $1.40 from its previous closing price. On the day, 5.43 million shares were traded. APA stock price reached its highest trading level at $22.59 during the session, while it also had its lowest trading level at $22.2102.
Ratios:
We take a closer look at APA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 129.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.25.
On June 14, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $52 to $39.
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 Oct 28 ’24 when LANNIE P ANTHONY bought 89,501 shares for $23.97 per share.
Rabun Daniel Wayne bought 75,998 shares of APA for $2,251,820 on Aug 15 ’24.
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 8301611008 and an Enterprise Value of 15753620480. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.18, and their Forward P/E ratio for the next fiscal year is 6.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.759 whereas that against EBITDA is 3.121.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $37.82, while it has fallen to a 52-week low of $21.15. The 50-Day Moving Average of the stock is -7.91%, while the 200-Day Moving Average is calculated to be -22.20%.
Shares Statistics:
According to the various share statistics, APA traded on average about 6.31M shares per day over the past 3-months and 8612120 shares per day over the past 10 days. A total of 369.95M shares are outstanding, with a floating share count of 362.15M. Insiders hold about 2.11% of the company’s shares, while institutions hold 83.66% stake in the company. Shares short for APA as of 1730332800 were 16029207 with a Short Ratio of 2.54, compared to 1727654400 on 17367950. Therefore, it implies a Short% of Shares Outstanding of 16029207 and a Short% of Float of 4.96.
Dividends & Splits
The forward annual dividend rate for APA is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.04518753The stock’s 5-year Average Dividend Yield is 2.7.
