Applied Dna Sciences Inc (APDN) with a beta value of 0.49 appears to be a promising investment opportunity.

A new trading day began on Friday, with Applied Dna Sciences Inc (NASDAQ: APDN) stock price down -6.79% from the previous day of trading, before settling in for the closing price of $0.17. APDN’s price has ranged from $0.17 to $22.80 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 94.52% over the last five years. Meanwhile, its annual earnings per share averaged 71.32%. With a float of $50.41 million, this company’s outstanding shares have now reached $50.48 million.

The firm has a total of 55 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.56%, operating margin of -439.2%, and the pretax margin is -217.48%.

Applied Dna Sciences Inc (APDN) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Applied Dna Sciences Inc is 0.14%, while institutional ownership is 2.17%.

Applied Dna Sciences Inc (APDN) Recent Fiscal highlights

In its latest quarterly report, released on 6/30/2024, the company reported earnings of -6.1 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 71.32% per share during the next fiscal year.

Applied Dna Sciences Inc (NASDAQ: APDN) Trading Performance Indicators

Here are Applied Dna Sciences Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.94, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -1.04 in one year’s time.

Technical Analysis of Applied Dna Sciences Inc (APDN)

Analysing the last 5-days average volume posted by the [Applied Dna Sciences Inc, APDN], we can find that recorded value of 2.31 million was lower than the volume posted last year of 3.76 million. As of the previous 9 days, the stock’s Stochastic %D was 22.16%. Additionally, its Average True Range was 0.05.

During the past 100 days, Applied Dna Sciences Inc’s (APDN) raw stochastic average was set at 0.47%, which indicates a significant decrease from 8.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 217.75% in the past 14 days, which was lower than the 260.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.5725, while its 200-day Moving Average is $3.5572. Now, the first resistance to watch is $0.1751. This is followed by the second major resistance level at $0.1883. The third major resistance level sits at $0.2027. If the price goes on to break the first support level at $0.1475, it is likely to go to the next support level at $0.1331. Now, if the price goes above the second support level, the third support stands at $0.1199.

Applied Dna Sciences Inc (NASDAQ: APDN) Key Stats

With a market capitalization of 7.62 million, the company has a total of 31,233K Shares Outstanding. Currently, annual sales are 13,370 K while annual income is -9,950 K. The company’s previous quarter sales were 800 K while its latest quarter income was 1,880 K.