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Appian Corp (NASDAQ: APPN) closed the day trading at $34.51 down -1.54% from the previous closing price of $35.05. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 0.55 million shares were traded. APPN stock price reached its highest trading level at $35.937 during the session, while it also had its lowest trading level at $33.88.
Ratios:
For a better understanding of APPN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09.
DA Davidson Downgraded its Buy to Neutral on July 31, 2024, whereas the target price for the stock was revised from $37 to $33.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 03 ’24 when McCarthy William D. sold 700 shares for $38.78 per share. The transaction valued at 27,146 led to the insider holds 7,966 shares of the business.
McCarthy William D. bought 700 shares of APPN for $26,495 on Dec 02 ’24. On Oct 01 ’24, another insider, Abdiel Capital Advisors, LP, who serves as the 10% Owner of the company, bought 10,265 shares for $33.75 each. As a result, the insider paid 346,444 and bolstered with 10,179,538 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, APPN now has a Market Capitalization of 2549850368 and an Enterprise Value of 2729815296. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28. Its current Enterprise Value per Revenue stands at 4.583 whereas that against EBITDA is -41.934.
Stock Price History:
Over the past 52 weeks, APPN has reached a high of $43.33, while it has fallen to a 52-week low of $26.28. The 50-Day Moving Average of the stock is -5.01%, while the 200-Day Moving Average is calculated to be 1.72%.
Shares Statistics:
Over the past 3-months, APPN traded about 485.25K shares per day on average, while over the past 10 days, APPN traded about 348200 shares per day. A total of 41.23M shares are outstanding, with a floating share count of 38.61M. Insiders hold about 47.74% of the company’s shares, while institutions hold 41.43% stake in the company. Shares short for APPN as of 1732838400 were 2029132 with a Short Ratio of 4.18, compared to 1730332800 on 2466414. Therefore, it implies a Short% of Shares Outstanding of 2029132 and a Short% of Float of 4.8800003.
