AppHarvest Inc. (NASDAQ: APPH) started the day on September 29, 2021, with a price decrease of -1.84% at $6.41. During the day, the stock rose to $6.63 and sunk to $6.29 before settling in for the price of $6.53 at the close. Taking a more long-term approach, APPH posted a 52-week range of $6.40-$42.90.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 35.60%. This publicly-traded company’s shares outstanding now amounts to $105.55 million, simultaneously with a float of $58.82 million. The organization now has a market capitalization sitting at $676.58 million. At the time of writing, stock’s 50-day Moving Average stood at $8.94, while the 200-day Moving Average is $17.03.
AppHarvest Inc. (APPH) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Farm Products Industry. AppHarvest Inc.’s current insider ownership accounts for 23.70%, in contrast to 50.30% institutional ownership. According to the most recent insider trade that took place on Aug 20, this organization’s Director bought 14,150 shares at the rate of 7.06, making the entire transaction reach 99,899 in total value, affecting insider ownership by 14,150. Preceding that transaction, on Aug 19, Company’s Chief Financial Officer bought 720 for 6.94, making the whole transaction’s value amount to 4,997. This particular insider is now the holder of 234,800 in total.
AppHarvest Inc. (APPH) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2021, the organization reported -$0.32 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.19) by -$0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
AppHarvest Inc.’s EPS increase for this current 12-month fiscal period is 35.60% and is forecasted to reach -0.94 in the upcoming year.
AppHarvest Inc. (NASDAQ: APPH) Trading Performance Indicators
Let’s observe the current performance indicators for AppHarvest Inc. (APPH). It’s Quick Ratio in the last reported quarter now stands at 12.50. The Stock has managed to achieve an average true range (ATR) of 0.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 125.29.
In the same vein, APPH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -7.14, a figure that is expected to reach -0.29 in the next quarter, and analysts are predicting that it will be -0.94 at the market close of one year from today.
Technical Analysis of AppHarvest Inc. (APPH)
If we take a close look at the recent performances of AppHarvest Inc. (NASDAQ: APPH), its last 5-days Average volume was 1.43 million that shows plunge from its year to date volume of 1.7 million. During the previous 9 days, stock’s Stochastic %D was recorded 9.94% While, its Average True Range was 0.46.
Raw Stochastic average of AppHarvest Inc. (APPH) in the period of the previous 100 days is set at 0.86%, which indicates a major fall in contrast to 6.63% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.68% that was lower than 82.58% volatility it exhibited in the past 100-days period.