Gaining Ground: APi Group Corporation (APG) Closes Higher at 37.00, Up 0.46

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The price of APi Group Corporation (NYSE: APG) closed at $37.00 in the last session, up 0.46% from day before closing price of $36.83. In other words, the price has increased by $0.46 from its previous closing price. On the day, 1.36 million shares were traded. APG stock price reached its highest trading level at $37.09 during the session, while it also had its lowest trading level at $36.54.

Ratios:

We take a closer look at APG’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 25.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.22.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on March 15, 2024, initiated with a Buy rating and assigned the stock a target price of $48.

Robert W. Baird Upgraded its Neutral to Outperform on May 17, 2023, whereas the target price for the stock was revised from $27 to $29.

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 May 06 ’24 when ASHKEN IAN G H sold 150,000 shares for $37.21 per share. The transaction valued at 5,581,500 led to the insider holds 5,828,779 shares of the business.

LILLIE JAMES E sold 125,000 shares of APG for $4,651,250 on May 06 ’24. The Director now owns 5,330,411 shares after completing the transaction at $37.21 per share. On Mar 05 ’24, another insider, VIKING GLOBAL INVESTORS LP, who serves as the 10% Owner of the company, sold 3,038,617 shares for $34.25 each. As a result, the insider received 104,072,632 and left with 39,032 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, APG now has a Market Capitalization of 10148619264 and an Enterprise Value of 12878618624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 1.862 whereas that against EBITDA is 18.719.

Stock Price History:

Over the past 52 weeks, APG has reached a high of $39.98, while it has fallen to a 52-week low of $22.22. The 50-Day Moving Average of the stock is -3.42%, while the 200-Day Moving Average is calculated to be 16.22%.

Shares Statistics:

According to the various share statistics, APG traded on average about 1.63M shares per day over the past 3-months and 1483230 shares per day over the past 10 days. A total of 235.58M shares are outstanding, with a floating share count of 141.77M. Insiders hold about 18.19% of the company’s shares, while institutions hold 109.10% stake in the company. Shares short for APG as of 1714435200 were 7644750 with a Short Ratio of 4.69, compared to 1711584000 on 7350982. Therefore, it implies a Short% of Shares Outstanding of 7644750 and a Short% of Float of 3.83.

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