With 1.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.22 million shares. The 52-week range on APLT shows that it touched its highest point at $10.62 and its lowest point at $0.29 during that stretch. It currently has a 1-year price target of $3.17. Beta for the stock currently stands at 1.87.
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 4.50%, but this was down by -12.10% over a month. Three-month performance dropped to -35.50% while six-month performance fell -78.15%. The stock lost -91.25% in the past year, while it has lost -56.88% so far this year. A look at the trailing 12-month EPS for APLT yields -0.43 with Next year EPS estimates of -0.41. For the next quarter, that number is -0.16. This implies an EPS growth rate of 23.30% for this year and 30.09% for next year. EPS is expected to grow by 24.56% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 26.57%.
Float and Shares Shorts:
At present, 141.58 million APLT shares are outstanding with a float of 117.55 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.
