Apple Inc (AAPL) 14-day ATR is 3.40: This Stock is Set to Soar Above its Peers

Apple Inc (NASDAQ: AAPL) started the day on Wednesday, with a price decrease of -0.81% at $168.00, before settling in for the price of $169.38 at the close. Taking a more long-term approach, AAPL posted a 52-week range of $162.80-$199.62.

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The Technology sector firm’s twelve-monthly sales growth has been 8.34% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 15.55%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.09%. This publicly-traded company’s shares outstanding now amounts to $15.55 billion, simultaneously with a float of $15.43 billion. The organization now has a market capitalization sitting at $2594.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $176.07, while the 200-day Moving Average is $182.46.

Apple Inc (AAPL) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Consumer Electronics Industry. Apple Inc’s current insider ownership accounts for 0.09%, in contrast to 61.74% institutional ownership. According to the most recent insider trade that took place on Apr 11 ’24, this organization’s COO sold 59,162 shares at the rate of 172.22, making the entire transaction reach 10,188,880 in total value, affecting insider ownership by 489,944. Preceding that transaction, on Apr 11 ’24, Company’s Senior Vice President, CFO sold 53,194 for 174.12, making the whole transaction’s value amount to 9,261,933. This particular insider is now the holder of 107,788 in total.

Apple Inc (AAPL) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 13.89 per share during the current fiscal year.

Apple Inc’s EPS increase for this current 12-month fiscal period is 7.09% and is forecasted to reach 7.12 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.00% through the next 5 years, which can be compared against the 15.55% growth it accomplished over the previous five years trading on the market.

Apple Inc (NASDAQ: AAPL) Trading Performance Indicators

Let’s observe the current performance indicators for Apple Inc (AAPL). It’s Quick Ratio in the last reported quarter now stands at 1.02. The Stock has managed to achieve an average true range (ATR) of 3.40. Alongside those numbers, its PE Ratio stands at $26.14, and its Beta score is 1.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.73. Similarly, its price to free cash flow for trailing twelve months is now 24.27.

In the same vein, AAPL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.43, a figure that is expected to reach 1.51 in the next quarter, and analysts are predicting that it will be 7.12 at the market close of one year from today.

Technical Analysis of Apple Inc (AAPL)

If we take a close look at the recent performances of Apple Inc (NASDAQ: AAPL), its last 5-days Average volume was 78.18 million that shows progress from its year to date volume of 61.38 million. During the previous 9 days, stock’s Stochastic %D was recorded 25.90% While, its Average True Range was 3.50.

Raw Stochastic average of Apple Inc (AAPL) in the period of the previous 100 days is set at 2.74%, which indicates a major fall in contrast to 7.91% 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 24.16% that was higher than 19.79% volatility it exhibited in the past 100-days period.