Applied Therapeutics Inc (APLT) recent activity suggests a positive outlook with the last week’s performance of -9.09%

On Tuesday, Applied Therapeutics Inc (NASDAQ: APLT) was -4.35% drop from the session before settling in for the closing price of $1.15. A 52-week range for APLT has been $1.03 – $10.62.

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When this article was written, the company’s average yearly earnings per share was at 1.41%. With a float of $87.26 million, this company’s outstanding shares have now reached $116.36 million.

Let’s look at the performance matrix of the company that is accounted for 25 employees. In terms of profitability, gross margin is 378.67%, operating margin of 43736.49%, and the pretax margin is 88772.51%.

Applied Therapeutics Inc (APLT) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Applied Therapeutics Inc stocks. The insider ownership of Applied Therapeutics Inc is 25.00%, while institutional ownership is 88.02%. 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

According to the Wall Street analysts, stocks earnings will be around 1.41% per share during the next fiscal year.

Applied Therapeutics Inc (NASDAQ: APLT) Trading Performance Indicators

You can see what Applied Therapeutics Inc (APLT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.32, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.61 in one year’s time.

Technical Analysis of Applied Therapeutics Inc (APLT)

Applied Therapeutics Inc (NASDAQ: APLT) saw its 5-day average volume 8.83 million, a positive change from its year-to-date volume of 2.58 million. As of the previous 9 days, the stock’s Stochastic %D was 15.87%. Additionally, its Average True Range was 0.58.

During the past 100 days, Applied Therapeutics Inc’s (APLT) raw stochastic average was set at 0.73%, which indicates a significant decrease from 0.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 565.07% in the past 14 days, which was higher than the 255.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.0602, while its 200-day Moving Average is $5.9230. Nevertheless, the first resistance level for the watch stands at $1.1366 in the near term. At $1.1731, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2163. If the price goes on to break the first support level at $1.0569, it is likely to go to the next support level at $1.0137. The third support level lies at $0.9772 if the price breaches the second support level.

Applied Therapeutics Inc (NASDAQ: APLT) Key Stats

There are 116,356K outstanding shares of the company, which has a market capitalization of 127.99 million. As of now, sales total 9,990 K while income totals -119,760 K. Its latest quarter income was 120 K while its last quarter net income were -68,590 K.