Apple Inc (AAPL) posted a 1.00% change over the last five days signaling a new trend

Apple Inc (NASDAQ: AAPL) on Monday, plunged -1.20% from the previous trading day, before settling in for the closing price of $226.96. Within the past 52 weeks, AAPL’s price has moved between $164.07 and $237.49.

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Technology Sector giant saw their annual sales surged by 9.18% over the last five years. The company achieved an average annual earnings per share of 21.49%. With a float of $15.10 billion, this company’s outstanding shares have now reached $15.12 billion.

The firm has a total of 164000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.21%, operating margin of 31.51%, and the pretax margin is 31.58%.

Apple Inc (AAPL) Breakdown of a Key Holders of the stock

Observing investor behavior towards Consumer Electronics industry stocks is more important than anything else. The insider ownership of Apple Inc is 0.09%, while institutional ownership is 62.98%. The most recent insider transaction that took place on Oct 04 ’24, was worth 13,433,769. In this transaction Senior Vice President, CFO of this company sold 59,305 shares at a rate of $226.52, taking the stock ownership to the 107,788 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Officer proposed sale 59,305 for $225.67, making the entire transaction worth $13,383,359.

Apple Inc (AAPL) Recent Fiscal highlights

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.18 earnings per share (EPS) for the period topping the consensus outlook (set at 2.1) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.69 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 21.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.50% during the next five years compared to 15.41% growth over the previous five years of trading.

Apple Inc (NASDAQ: AAPL) Trading Performance Indicators

Apple Inc (AAPL) is currently performing well based on its current performance indicators. A quick ratio of 0.83 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.65. Likewise, its price to free cash flow for the trailing twelve months is 31.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.07, a number that is poised to hit 2.36 in the next quarter and is forecasted to reach 8.27 in one year’s time.

Technical Analysis of Apple Inc (AAPL)

Analysing the last 5-days average volume posted by the [Apple Inc, AAPL], we can find that recorded value of 41.03 million was lower than the volume posted last year of 58.92 million. As of the previous 9 days, the stock’s Stochastic %D was 44.73%. Additionally, its Average True Range was 4.15.

During the past 100 days, Apple Inc’s (AAPL) raw stochastic average was set at 68.04%, which indicates a significant increase from 29.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.88% in the past 14 days, which was lower than the 22.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $226.72, while its 200-day Moving Average is $203.08. Now, the first resistance to watch is $226.12. This is followed by the second major resistance level at $228.01. The third major resistance level sits at $230.32. If the price goes on to break the first support level at $221.92, it is likely to go to the next support level at $219.61. Now, if the price goes above the second support level, the third support stands at $217.72.

Apple Inc (NASDAQ: AAPL) Key Stats

Market capitalization of the company is 3381.67 billion based on 15,115,823K outstanding shares. Right now, sales total 391,035 M and income totals 93,736 M. The company made 94,930 M in profit during its latest quarter, and 14,736 M in sales during its previous quarter.