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After finishing at $5.92 in the prior trading day, Applied Therapeutics Inc (NASDAQ: APLT) closed at $5.85, down -1.18%. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 0.6 million shares were traded. APLT stock price reached its highest trading level at $5.95 during the session, while it also had its lowest trading level at $5.76.
Ratios:
Our goal is to gain a better understanding of APLT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 26, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $12.
On February 22, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $12.Leerink Partners initiated its Outperform rating on February 22, 2024, with a $12 target price.
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 Aug 13 ’24 when Shendelman Shoshana sold 357,423 shares for $6.18 per share. The transaction valued at 2,208,874 led to the insider holds 4,810,430 shares of the business.
Shendelman Shoshana sold 300,000 shares of APLT for $1,794,000 on Aug 12 ’24. The President and CEO now owns 5,167,853 shares after completing the transaction at $5.98 per share. On Aug 14 ’24, another insider, Shendelman Shoshana, who serves as the President and CEO of the company, sold 119,591 shares for $5.93 each. As a result, the insider received 709,175 and left with 4,690,839 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APLT now has a Market Capitalization of 671849088 and an Enterprise Value of 557907904. For the stock, the TTM Price-to-Sale (P/S) ratio is 63.03 while its Price-to-Book (P/B) ratio in mrq is 9.28. Its current Enterprise Value per Revenue stands at -1675.399 whereas that against EBITDA is -7.15.
Stock Price History:
Over the past 52 weeks, APLT has reached a high of $9.39, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 12.33%, while the 200-Day Moving Average is calculated to be 36.23%.
Shares Statistics:
The stock has traded on average 1.18M shares per day over the past 3-months and 1343450 shares per day over the last 10 days, according to various share statistics. A total of 114.85M shares are outstanding, with a floating share count of 85.82M. Insiders hold about 22.81% of the company’s shares, while institutions hold 79.94% stake in the company. Shares short for APLT as of 1722384000 were 9151162 with a Short Ratio of 7.77, compared to 1719532800 on 6316963. Therefore, it implies a Short% of Shares Outstanding of 9151162 and a Short% of Float of 8.9099996.
