Apple Inc (AAPL) distance from 200-day Simple Moving Average is $202.76: Right on the Precipice

As on Thursday, Apple Inc (NASDAQ: AAPL) got off with the flyer as it spiked 2.14% to $227.48, before settling in for the price of $222.72 at the close. Taking a more long-term approach, AAPL posted a 52-week range of $164.07-$237.49.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 9.18%. Meanwhile, its Annual Earning per share during the time was 15.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 21.19%. This publicly-traded company’s shares outstanding now amounts to $15.12 billion, simultaneously with a float of $15.10 billion. The organization now has a market capitalization sitting at $3438.55 billion. At the time of writing, stock’s 50-day Moving Average stood at $226.88, while the 200-day Moving Average is $202.76.

Apple Inc (AAPL) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Consumer Electronics industry. Apple Inc’s current insider ownership accounts for 0.09%, in contrast to 62.98% institutional ownership. According to the most recent insider trade that took place on Oct 04 ’24, this organization’s Senior Vice President, CFO sold 59,305 shares at the rate of 226.52, making the entire transaction reach 13,433,769 in total value, affecting insider ownership by 107,788.

Apple Inc (AAPL) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.69 per share during the current fiscal year.

Apple Inc’s EPS increase for this current 12-month fiscal period is 21.19% and is forecasted to reach 8.25 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.50% through the next 5 years, which can be compared against the 15.41% 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 0.83. The Stock has managed to achieve an average true range (ATR) of 4.19. Alongside those numbers, its PE Ratio stands at $37.48, and its Beta score is 1.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.79. Similarly, its price to free cash flow for trailing twelve months is now 31.60.

In the same vein, AAPL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.07, a figure that is expected to reach 2.36 in the next quarter, and analysts are predicting that it will be 8.25 at the market close of one year from today.

Technical Analysis of Apple Inc (AAPL)

Through scrutinizing the latest numbers posted by the [Apple Inc, AAPL], it can be observed that its last 5-days Average volume of 47.01 million was lower the volume of 59.09 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.22% While, its Average True Range was 4.14.

Raw Stochastic average of Apple Inc (AAPL) in the period of the previous 100 days is set at 75.87%, which indicates a major rise in contrast to 45.33% 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 17.97% that was lower than 22.36% volatility it exhibited in the past 100-days period.