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The price of Applied Dna Sciences Inc (NASDAQ: APDN) closed at $0.17 in the last session, down -2.35% from day before closing price of $0.17. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 2.99 million shares were traded. APDN stock price reached its highest trading level at $0.175 during the session, while it also had its lowest trading level at $0.167.
Ratios:
We take a closer look at APDN’s different ratios to gain a better understanding of the stock. 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 9387564 and an Enterprise Value of 496656. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.133 whereas that against EBITDA is -0.039.
Stock Price History:
The Beta on a monthly basis for APDN is 0.38, which has changed by -0.9875 over the last 52 weeks, in comparison to a change of 0.22894537 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 -10.50%, while the 200-Day Moving Average is calculated to be -77.41%.
Shares Statistics:
According to the various share statistics, APDN traded on average about 5.41M shares per day over the past 3-months and 2130570 shares per day over the past 10 days. A total of 54.11M shares are outstanding, with a floating share count of 51.42M. Insiders hold about 6.82% of the company’s shares, while institutions hold 39.25% stake in the company. Shares short for APDN as of 1738281600 were 6169797 with a Short Ratio of 1.14, compared to 1735603200 on 5026647. Therefore, it implies a Short% of Shares Outstanding of 6169797 and a Short% of Float of 19.299999.
