Aptevo Therapeutics Inc (NASDAQ: APVO) Drops -41.11% YTD: What’s Next?

Aptevo Therapeutics Inc (NASDAQ:APVO)’s traded shares stood at 0.3 million during the last session, with the company’s beta value hitting 4.87. At the close of trading, the stock’s price was $4.69, to imply an increase of 15.52% or $0.63 in intraday trading. The APVO share’s 52-week high remains $92.62, putting it -1874.84% down since that peak but still an impressive 18.76% since price per share fell to its 52-week low of $3.81. The company has a valuation of $2.49M, with an average of 0.1 million shares in intraday trading volume over the past 10 days and average of 96.35K shares over the past 3 months.

Aptevo Therapeutics Inc (NASDAQ:APVO) trade information

After registering a 15.52% upside in the last session, Aptevo Therapeutics Inc (APVO) has traded red over the past five days. The stock hit a weekly high of 5.00, jumping 15.52% in its intraday price action. The 5-day price performance for the stock is 4.69%, and -31.54% over 30 days. With these gigs, the year-to-date price performance is -41.11%. Short interest in Aptevo Therapeutics Inc (NASDAQ:APVO) saw shorts transact 28860.0 shares and set a 0.12 days time to cover.

Aptevo Therapeutics Inc (APVO) estimates and forecasts

Looking at statistics comparing Aptevo Therapeutics Inc share performance against respective industry, we note that the company has outperformed competitors. Aptevo Therapeutics Inc (APVO) shares are -66.32% down over the last 6 months, with its year-to-date growth rate higher than industry average at 13.64% against 12.70%. Revenue is forecast to shrink -167.50% this quarter before jumping 79.40% for the next one.

APVO Dividends

Aptevo Therapeutics Inc has its next earnings report out between May 09 and May 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Aptevo Therapeutics Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Aptevo Therapeutics Inc (NASDAQ:APVO)’s Major holders

Aptevo Therapeutics Inc insiders hold 0.77% of total outstanding shares, with institutional holders owning 8.30% of the shares at 8.36% float percentage. In total, 8.30% institutions holds shares in the company, led by Cantor Fitzgerald, L. P.. As of Jun 29, 2023, the company held over 0.25 million shares (or 2.18% of shares), all amounting to roughly $0.37 million.

The next major institution holding the largest number of shares is Vanguard Group Inc with 0.23 million shares, or about 1.99% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $0.33 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Aptevo Therapeutics Inc (APVO) shares. Going by data provided on Jun 29, 2023, Vanguard Total Stock Market Index Fund holds roughly 0.16 million shares. This is just over 1.38% of the total shares, with a market valuation of $0.23 million. Data from the same date shows that the other fund manager holds a little less at 70348.0, or 0.61% of the shares, all valued at about 0.1 million.