Applovin Corp (NASDAQ: APP) kicked off on Monday, up 1.14% from the previous trading day, before settling in for the closing price of $336.75. Over the past 52 weeks, APP has traded in a range of $35.79-$344.77.
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A company in the Technology sector has jumped its sales by 38.82% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 313.07%. With a float of $207.22 million, this company’s outstanding shares have now reached $298.56 million.
In an organization with 1745 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 73.11%, operating margin of 35.87%, and the pretax margin is 28.9%.
Applovin Corp (APP) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Applovin Corp is 38.26%, while institutional ownership is 55.92%. The most recent insider transaction that took place on Nov 27 ’24, was worth 977,282. In this transaction Director of this company sold 3,000 shares at a rate of $325.76, taking the stock ownership to the 7,359 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Director sold 30,330 for $330.67, making the entire transaction worth $10,029,070. This insider now owns 90,576 shares in total.
Applovin Corp (APP) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.74 earnings per share (EPS), lower than consensus estimate (set at 0.75) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 313.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 46.35% growth over the previous five years of trading.
Applovin Corp (NASDAQ: APP) Trading Performance Indicators
Take a look at Applovin Corp’s (APP) current performance indicators. Last quarter, stock had a quick ratio of 2.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 27.31. Likewise, its price to free cash flow for the trailing twelve months is 67.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.31, a number that is poised to hit 1.24 in the next quarter and is forecasted to reach 5.82 in one year’s time.
Technical Analysis of Applovin Corp (APP)
Let’s dig in a bit further. During the last 5-days, its volume was 4.77 million. That was better than the volume of 4.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.99%. Additionally, its Average True Range was 18.17.
During the past 100 days, Applovin Corp’s (APP) raw stochastic average was set at 97.56%, which indicates a significant increase from 90.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.24% in the past 14 days, which was lower than the 83.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $202.13, while its 200-day Moving Average is $109.51. However, in the short run, Applovin Corp’s stock first resistance to watch stands at $346.86. Second resistance stands at $353.14. The third major resistance level sits at $358.68. If the price goes on to break the first support level at $335.05, it is likely to go to the next support level at $329.51. The third support level lies at $323.23 if the price breaches the second support level.
Applovin Corp (NASDAQ: APP) Key Stats
The company with the Market Capitalisation of 117.15 billion has total of 335,592K Shares Outstanding. Its annual sales at the moment are 3,283 M in contrast with the sum of 356,710 K annual income. Company’s last quarter sales were recorded 1,198 M and last quarter income was 434,310 K.
