With 0.65 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.69 million shares. The 52-week range on API shows that it touched its highest point at $6.99 and its lowest point at $1.65 during that stretch. It currently has a 1-year price target of $7.10. Beta for the stock currently stands at 0.59.
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 API was down-trending over the past week, with a drop of -4.26%, but this was up by 10.40% over a month. Three-month performance dropped to -31.79% while six-month performance fell -23.90%. The stock gained 56.56% in the past year, while it has lost -8.17% so far this year. A look at the trailing 12-month EPS for API yields -0.35 with Next year EPS estimates of 0.11.
Float and Shares Shorts:
At present, 74.47 million API shares are outstanding with a float of 71.66 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 API since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.36707 being high and -$0.36707 being low. For API, this leads to a yearly average estimate of -$0.36707.
