Apple Hospitality REIT Inc (APLE) kicked off at the price of $14.26: Venture capitalists have an exciting new opportunity

On Tuesday, Apple Hospitality REIT Inc (NYSE: APLE) opened lower -1.25% from the last session, before settling in for the closing price of $14.44. Price fluctuations for APLE have ranged from $13.60 to $17.85 over the past 52 weeks.

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Real Estate Sector giant saw their annual sales surged by 8.70% over the last five years. Company’s average yearly earnings per share was noted 16.23% at the time writing. With a float of $224.69 million, this company’s outstanding shares have now reached $241.52 million.

The firm has a total of 63 workers. Let’s measure their productivity. In terms of profitability, gross margin is 25.8%, operating margin of 19.26%, and the pretax margin is 14.98%.

Apple Hospitality REIT Inc (APLE) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the REIT – Hotel & Motel industry is another important factor to consider. The insider ownership of Apple Hospitality REIT Inc is 6.67%, while institutional ownership is 87.97%. The most recent insider transaction that took place on Aug 21 ’24, was worth 14,095. In this transaction Director of this company bought 1,000 shares at a rate of $14.10, taking the stock ownership to the 126,223 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Executive Chairman bought 5,000 for $14.04, making the entire transaction worth $70,225. This insider now owns 636,990 shares in total.

Apple Hospitality REIT Inc (APLE) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 16.23% per share during the next fiscal year.

Apple Hospitality REIT Inc (NYSE: APLE) Trading Performance Indicators

Check out the current performance indicators for Apple Hospitality REIT Inc (APLE). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47. Likewise, its price to free cash flow for the trailing twelve months is 10.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 0.86 in one year’s time.

Technical Analysis of Apple Hospitality REIT Inc (APLE)

Analysing the last 5-days average volume posted by the [Apple Hospitality REIT Inc, APLE], we can find that recorded value of 1.92 million was lower than the volume posted last year of 2.1 million. As of the previous 9 days, the stock’s Stochastic %D was 52.07%. Additionally, its Average True Range was 0.27.

During the past 100 days, Apple Hospitality REIT Inc’s (APLE) raw stochastic average was set at 27.73%, which indicates a significant decrease from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.50% in the past 14 days, which was lower than the 20.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.43, while its 200-day Moving Average is $15.53. Now, the first resistance to watch is $14.37. This is followed by the second major resistance level at $14.48. The third major resistance level sits at $14.56. If the price goes on to break the first support level at $14.18, it is likely to go to the next support level at $14.10. Now, if the price goes above the second support level, the third support stands at $13.99.

Apple Hospitality REIT Inc (NYSE: APLE) Key Stats

There are currently 242,346K shares outstanding in the company with a market cap of 3.43 billion. Presently, the company’s annual sales total 1,344 M according to its annual income of 177,490 K. Last quarter, the company’s sales amounted to 390,080 K and its income totaled 73,930 K.