In the last trading session, 3.34 million Apollomics Inc (NASDAQ:APLM) shares changed hands as the company’s beta touched 1.30. With the company’s per share price at $0.76 changed hands at -$0.09 or -10.59% during last session, the market valuation stood at $4.87M. APLM’s last price was a discount, traded about -6347.37% off its 52-week high of $49.00. The share price had its 52-week low at $0.55, which suggests the last value was 27.63% up since then. When we look at Apollomics Inc’s average trading volume, we note the 10-day average is 7.1 million shares, with the 3-month average coming to 2.72 million.
Analysts gave the Apollomics Inc (APLM) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended APLM as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Apollomics Inc’s EPS for the current quarter is expected to be $0.
Apollomics Inc (NASDAQ:APLM) trade information
Instantly APLM was in red as seen at the end of in last trading. With action -7.20%, the performance over the past five days has been red. The drop to weekly highs of 1.7900 on Friday, 11/17/23 subtracted -10.59% to the stock’s daily price. The company’s shares are showing year-to-date downside of -92.66%, with the 5-day performance at -7.20% in the red. However, in the 30-day time frame, Apollomics Inc (NASDAQ:APLM) is -58.01% down. Looking at the short shares, we see there were 1.3 million shares sold at short interest cover period of 0.23 days.
The consensus price target for the stock as assigned by Wall Street analysts is $14.00, meaning bulls need an upside of 94.57% from its current market value. According to analyst projections, APLM’s forecast low is $11.00 with $17.00 as the target high. To hit the forecast high, the stock’s price needs a -2136.84% plunge from its current level, while the stock would need to soar -1347.37% for it to hit the projected low.
Apollomics Inc (APLM) estimates and forecasts
Data shows that the Apollomics Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -82.16% over the past 6 months, a -240.32% in annual growth rate that is considerably lower than the industry average of 14.90%.
The 2023 estimates are for Apollomics Inc earnings to decrease by -126.45%.
Apollomics Inc is expected to release its next quarterly earnings report in December.