The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Applied Dna Sciences Inc (NASDAQ: APDN) closed at $0.18 down -5.64% from its previous closing price of $0.19. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 1.99 million shares were traded. APDN stock price reached its highest trading level at $0.199 during the session, while it also had its lowest trading level at $0.1821.
Ratios:
For a deeper understanding of Applied Dna Sciences Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.17 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 9543728 and an Enterprise Value of -7362723. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at -2.167 whereas that against EBITDA is 0.527.
Stock Price History:
The Beta on a monthly basis for APDN is 0.38, which has changed by -0.98467743 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, APDN has reached a high of $14.40, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -2.37%, while the 200-Day Moving Average is calculated to be -87.84%.
Shares Statistics:
For the past three months, APDN has traded an average of 6.20M shares per day and 5860440 over the past ten days. A total of 55.19M shares are outstanding, with a floating share count of 55.17M. Insiders hold about 0.03% of the company’s shares, while institutions hold 11.42% stake in the company. Shares short for APDN as of 1732838400 were 1774175 with a Short Ratio of 0.81, compared to 1730332800 on 611099. Therefore, it implies a Short% of Shares Outstanding of 1774175 and a Short% of Float of 3.49.
