Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $0.79 in the prior trading day, Applied Dna Sciences Inc (NASDAQ: APDN) closed at $0.84, up 5.62%. In other words, the price has increased by $5.62 from its previous closing price. On the day, 0.65 million shares were traded. APDN stock price reached its highest trading level at $0.8376 during the session, while it also had its lowest trading level at $0.7902.
Ratios:
Our goal is to gain a better understanding of APDN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.53 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, ROTH Capital on February 12, 2021, initiated with a Buy rating and assigned the stock a target price of $24.
On January 14, 2021, H.C. Wainwright reiterated its Buy rating and also upped its target price recommendation from $18 to $14.
H.C. Wainwright reiterated its Buy rating for the stock on December 18, 2020, while the target price for the stock was revised from $20 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APDN now has a Market Capitalization of 923524 and an Enterprise Value of -7967386. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 0.07. Its current Enterprise Value per Revenue stands at -2.132 whereas that against EBITDA is 0.625.
Stock Price History:
The Beta on a monthly basis for APDN is 0.24, which has changed by -0.9938909 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, APDN has reached a high of $177.00, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is -55.41%, while the 200-Day Moving Average is calculated to be -95.58%.
Shares Statistics:
The stock has traded on average 1.31M shares per day over the past 3-months and 386320 shares per day over the last 10 days, according to various share statistics. A total of 6.50M shares are outstanding, with a floating share count of 6.05M. Insiders hold about 6.82% of the company’s shares, while institutions hold 7.25% stake in the company. Shares short for APDN as of 1745971200 were 489146 with a Short Ratio of 0.37, compared to 1743379200 on 741453. Therefore, it implies a Short% of Shares Outstanding of 489146 and a Short% of Float of 76.519996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
