A new trading day began on Tuesday, with Apple Hospitality REIT Inc (NYSE: APLE) stock price up 0.50% from the previous day of trading, before settling in for the closing price of $13.96. APLE’s price has ranged from $13.93 to $17.85 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 8.70% over the past five years. Meanwhile, its annual earnings per share averaged 19.74%. With a float of $226.19 million, this company’s outstanding shares have now reached $241.52 million.
Let’s look at the performance matrix of the company that is accounted for 63 employees.
Apple Hospitality REIT Inc (APLE) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Hotel & Motel Industry. The insider ownership of Apple Hospitality REIT Inc is 6.66%, while institutional ownership is 85.16%. The most recent insider transaction that took place on May 21 ’24, was worth 73,900. In this transaction Executive Chairman of this company bought 5,000 shares at a rate of $14.78, taking the stock ownership to the 631,990 shares. Before that another transaction happened on May 17 ’24, when Company’s Director bought 549 for $14.58, making the entire transaction worth $8,004. This insider now owns 10,549 shares in total.
Apple Hospitality REIT Inc (APLE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.74% per share during the next fiscal year.
Apple Hospitality REIT Inc (NYSE: APLE) Trading Performance Indicators
Here are Apple Hospitality REIT Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.45. Likewise, its price to free cash flow for the trailing twelve months is 10.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 0.88 in one year’s time.
Technical Analysis of Apple Hospitality REIT Inc (APLE)
Apple Hospitality REIT Inc (NYSE: APLE) saw its 5-day average volume 3.34 million, a positive change from its year-to-date volume of 2.11 million. As of the previous 9 days, the stock’s Stochastic %D was 16.16%. Additionally, its Average True Range was 0.37.
During the past 100 days, Apple Hospitality REIT Inc’s (APLE) raw stochastic average was set at 9.97%, which indicates a significant decrease from 17.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.54% in the past 14 days, which was higher than the 20.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.52, while its 200-day Moving Average is $15.69. Nevertheless, the first resistance level for the watch stands at $14.30 in the near term. At $14.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.86. If the price goes on to break the first support level at $13.74, it is likely to go to the next support level at $13.45. Assuming the price breaks the second support level, the third support level stands at $13.18.
Apple Hospitality REIT Inc (NYSE: APLE) Key Stats
With a market capitalization of 3.40 billion, the company has a total of 242,346K Shares Outstanding. Currently, annual sales are 1,344 M while annual income is 177,490 K. The company’s previous quarter sales were 329,510 K while its latest quarter income was 54,050 K.
