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The price of APi Group Corporation (NYSE: APG) closed at $38.41 in the last session, up 3.22% from day before closing price of $37.21. In other words, the price has increased by $3.22 from its previous closing price. On the day, 1.99 million shares were traded. APG stock price reached its highest trading level at $38.45 during the session, while it also had its lowest trading level at $37.27.
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 13.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.87.
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 Mar 05 ’24 when VIKING GLOBAL INVESTORS LP sold 3,038,617 shares for $34.25 per share. The transaction valued at 104,072,632 led to the insider holds 39,032 shares of the business.
VIKING GLOBAL INVESTORS LP sold 3,038,617 shares of APG for $104,072,632 on Mar 05 ’24. The 10% Owner now owns 39,032 shares after completing the transaction at $34.25 per share. On Mar 04 ’24, another insider, ASHKEN IAN G H, who serves as the Director of the company, sold 150,000 shares for $38.38 each. As a result, the insider received 5,757,000 and left with 5,978,779 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 10471987200 and an Enterprise Value of 11976983552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 4.44. Its current Enterprise Value per Revenue stands at 1.729 whereas that against EBITDA is 17.77.
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 $21.56. The 50-Day Moving Average of the stock is 2.22%, while the 200-Day Moving Average is calculated to be 23.45%.
Shares Statistics:
According to the various share statistics, APG traded on average about 1.53M shares per day over the past 3-months and 2428910 shares per day over the past 10 days. A total of 235.58M shares are outstanding, with a floating share count of 140.55M. Insiders hold about 18.89% of the company’s shares, while institutions hold 104.32% stake in the company. Shares short for APG as of 1711584000 were 7350982 with a Short Ratio of 4.81, compared to 1709164800 on 4991593. Therefore, it implies a Short% of Shares Outstanding of 7350982 and a Short% of Float of 5.25.
