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In the latest session, APA Corporation (NASDAQ: APA) closed at $21.93 down -11.32% from its previous closing price of $24.73. In other words, the price has decreased by -$11.32 from its previous closing price. On the day, 20.09 million shares were traded. APA stock price reached its highest trading level at $24.89 during the session, while it also had its lowest trading level at $21.91.
Ratios:
For a deeper understanding of APA Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 50.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.24.
On June 14, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $52 to $39.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 28 ’24 when LANNIE P ANTHONY bought 89,501 shares for $23.97 per share.
Rabun Daniel Wayne bought 75,998 shares of APA for $2,251,820 on Aug 15 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APA now has a Market Capitalization of 8112016384 and an Enterprise Value of 16905746432. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.39, and their Forward P/E ratio for the next fiscal year is 6.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.898 whereas that against EBITDA is 3.121.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $38.65, while it has fallen to a 52-week low of $22.72. The 50-Day Moving Average of the stock is -12.59%, while the 200-Day Moving Average is calculated to be -25.13%.
Shares Statistics:
For the past three months, APA has traded an average of 5.67M shares per day and 5305340 over the past ten days. A total of 369.90M shares are outstanding, with a floating share count of 361.20M. Insiders hold about 2.35% of the company’s shares, while institutions hold 85.47% stake in the company. Shares short for APA as of 1728950400 were 18974713 with a Short Ratio of 3.35, compared to 1726185600 on 16919461. Therefore, it implies a Short% of Shares Outstanding of 18974713 and a Short% of Float of 5.87.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.7.
