With 1.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.02 million shares. The 52-week range on APLT shows that it touched its highest point at $10.62 and its lowest point at $0.43 during that stretch. It currently has a 1-year price target of $3.62. Beta for the stock currently stands at 1.86.
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 APLT was up-trending over the past week, with a rise of 12.05%, but this was down by -11.47% over a month. Three-month performance dropped to -58.13% while six-month performance fell -90.52%. The stock lost -91.84% in the past year, while it has lost -36.92% so far this year. For the next quarter, that number is -0.18. This implies an EPS growth rate of 6.97% for this year and 55.57% for next year. EPS is expected to grow by 32.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.72%.
Float and Shares Shorts:
At present, 116.36 million APLT shares are outstanding with a float of 92.20 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 APLT since 3 analysts follow the stock currently. There are 3 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 -$1.28961 being high and -$1.35251 being low. For APLT, this leads to a yearly average estimate of -$1.32106. Based on analyst estimates, the high estimate for the next quarter is -$0.16 and the low estimate is -$0.17. The average estimate for the next quarter is thus -$0.16.
