A new trading day began on Monday, with APA Corporation (NASDAQ: APA) stock price up 2.96% from the previous day of trading, before settling in for the closing price of $23.68. APA’s price has ranged from $20.32 to $36.04 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 15.46%. Meanwhile, its annual earnings per share averaged -11.38%. With a float of $362.09 million, this company’s outstanding shares have now reached $369.92 million.
Let’s determine the extent of company efficiency that accounts for 2271 employees. In terms of profitability, gross margin is 43.72%, operating margin of 53.94%, and the pretax margin is 17.13%.
APA Corporation (APA) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of APA Corporation is 2.12%, while institutional ownership is 83.53%. The most recent insider transaction that took place on Dec 12 ’24, was worth 100,027. In this transaction Director of this company bought 4,391 shares at a rate of $22.78, taking the stock ownership to the 12,436 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Former Officer proposed sale 89,501 for $23.97, making the entire transaction worth $2,145,212.
APA Corporation (APA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.38% per share during the next fiscal year.
APA Corporation (NASDAQ: APA) Trading Performance Indicators
Here are APA Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 10.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.06, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 3.46 in one year’s time.
Technical Analysis of APA Corporation (APA)
Looking closely at APA Corporation (NASDAQ: APA), its last 5-days average volume was 6.06 million, which is a jump from its year-to-date volume of 5.57 million. As of the previous 9 days, the stock’s Stochastic %D was 76.09%. Additionally, its Average True Range was 0.77.
During the past 100 days, APA Corporation’s (APA) raw stochastic average was set at 44.37%, which indicates a significant decrease from 89.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.79% in the past 14 days, which was lower than the 40.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.52, while its 200-day Moving Average is $27.38. However, in the short run, APA Corporation’s stock first resistance to watch stands at $24.86. Second resistance stands at $25.35. The third major resistance level sits at $25.84. If the price goes on to break the first support level at $23.89, it is likely to go to the next support level at $23.40. Should the price break the second support level, the third support level stands at $22.91.
APA Corporation (NASDAQ: APA) Key Stats
With a market capitalization of 9.02 billion, the company has a total of 369,947K Shares Outstanding. Currently, annual sales are 8,192 M while annual income is 2,855 M. The company’s previous quarter sales were 2,540 M while its latest quarter income was -223,000 K.
