With 0.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.64 million shares. The 52-week range on APDN shows that it touched its highest point at $11.76 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $1.50. Beta for the stock currently stands at 0.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of APDN was down-trending over the past week, with a drop of -7.27%, but this was down by -23.25% over a month. Three-month performance dropped to -32.99% while six-month performance fell -89.05%. The stock lost -98.85% in the past year, while it has lost -35.59% so far this year. A look at the trailing 12-month EPS for APDN yields -5.72 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.06. This implies an EPS growth rate of 73.63% for this year and 77.08% for next year.
Float and Shares Shorts:
At present, 54.11 million APDN shares are outstanding with a float of 51.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for APDN since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.36 being high and -$4.36 being low. For APDN, this leads to a yearly average estimate of -$4.36. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.05. The average estimate for the next quarter is thus -$0.05.
