Applied Therapeutics Inc (NASDAQ: APLT) kicked off on Friday, up 3.82% from the previous trading day, before settling in for the closing price of $8.63. Over the past 52 weeks, APLT has traded in a range of $1.79-$9.39.
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While this was happening, its average annual earnings per share was recorded 29.48%. With a float of $86.00 million, this company’s outstanding shares have now reached $114.85 million.
In an organization with 25 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 312.01%, operating margin of 23434.23%, and the pretax margin is 48375.08%.
Applied Therapeutics Inc (APLT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Applied Therapeutics Inc is 25.12%, while institutional ownership is 79.91%. The most recent insider transaction that took place on Aug 22 ’24, was worth 78,880. In this transaction Chief Financial Officer of this company sold 13,530 shares at a rate of $5.83, taking the stock ownership to the 277,911 shares. Before that another transaction happened on Aug 22 ’24, when Company’s Chief Medical Officer sold 22,681 for $5.83, making the entire transaction worth $132,230. This insider now owns 986,853 shares in total.
Applied Therapeutics Inc (APLT) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.47 earnings per share (EPS), lower than consensus estimate (set at -0.26) by -0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.48% per share during the next fiscal year.
Applied Therapeutics Inc (NASDAQ: APLT) Trading Performance Indicators
Take a look at Applied Therapeutics Inc’s (APLT) current performance indicators. Last quarter, stock had a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 96.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.32, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.38 in one year’s time.
Technical Analysis of Applied Therapeutics Inc (APLT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.56 million. That was inferior than the volume of 1.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.37%. Additionally, its Average True Range was 0.61.
During the past 100 days, Applied Therapeutics Inc’s (APLT) raw stochastic average was set at 93.12%, which indicates a significant increase from 79.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.14% in the past 14 days, which was lower than the 106.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.90, while its 200-day Moving Average is $5.30. However, in the short run, Applied Therapeutics Inc’s stock first resistance to watch stands at $9.10. Second resistance stands at $9.23. The third major resistance level sits at $9.44. If the price goes on to break the first support level at $8.75, it is likely to go to the next support level at $8.54. The third support level lies at $8.41 if the price breaches the second support level.
Applied Therapeutics Inc (NASDAQ: APLT) Key Stats
The company with the Market Capitalisation of 1.03 billion has total of 114,267K Shares Outstanding. Its annual sales at the moment are 9,990 K in contrast with the sum of -119,760 K annual income. Company’s last quarter sales were recorded 140 K and last quarter income was 2,900 K.
