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APA Corporation (NASDAQ: APA) closed the day trading at $22.17 up 1.84% from the previous closing price of $21.77. In other words, the price has increased by $1.84 from its previous closing price. On the day, 8.35 million shares were traded. APA stock price reached its highest trading level at $22.295 during the session, while it also had its lowest trading level at $21.38.
Ratios:
For a better understanding of APA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 127.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.25.
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:
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 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 8201725440 and an Enterprise Value of 15653735424. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.14, and their Forward P/E ratio for the next fiscal year is 6.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.748 whereas that against EBITDA is 3.102.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $38.27, while it has fallen to a 52-week low of $21.15. The 50-Day Moving Average of the stock is -10.64%, while the 200-Day Moving Average is calculated to be -24.05%.
Shares Statistics:
Over the past 3-months, APA traded about 5.98M shares per day on average, while over the past 10 days, APA traded about 7727200 shares per day. A total of 369.95M shares are outstanding, with a floating share count of 361.24M. Insiders hold about 2.35% of the company’s shares, while institutions hold 85.48% stake in the company. Shares short for APA as of 1728950400 were 18974713 with a Short Ratio of 3.17, 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
APA’s forward annual dividend rate is 1.00, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.04593477The stock’s 5-year Average Dividend Yield is 2.7.
