Applied Therapeutics Inc (NASDAQ:APLT) has a beta value of 2.02 and has seen 2.15 million shares traded in the last trading session. The company, currently valued at $1.09B, closed the last trade at $9.26 per share which meant it gained $0.17 on the day or 1.87% during that session. The APLT stock price is -1.4% off its 52-week high price of $9.39 and 80.67% above the 52-week low of $1.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.58 million shares traded. The 3-month trading volume is 2.55 million shares.
The consensus among analysts is that Applied Therapeutics Inc (APLT) is Buy stock at the moment, with a recommendation rating of 1.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
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Applied Therapeutics Inc (NASDAQ:APLT) trade information
Sporting 1.87% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the APLT stock price touched $9.26 or saw a rise of 2.63%. Year-to-date, Applied Therapeutics Inc shares have moved 176.42%, while the 5-day performance has seen it change 7.30%. Over the past 30 days, the shares of Applied Therapeutics Inc (NASDAQ:APLT) have changed 20.26%. Short interest in the company has seen 14.53 million shares shorted with days to cover at 2.85.
Applied Therapeutics Inc (APLT) estimates and forecasts
Figures show that Applied Therapeutics Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 92.92% over the past 6 months, with this year growth rate of 40.85%, compared to 17.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.72% over the past 5 years.
APLT Dividends
Applied Therapeutics Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Applied Therapeutics Inc (NASDAQ:APLT)’s Major holders
Insiders own 5.31% of the company shares, while shares held by institutions stand at 92.76% with a share float percentage of 97.96%. Investors are also buoyed by the number of investors in a company, with Applied Therapeutics Inc having a total of 137.0 institutions that hold shares in the company. The top two institutional holders are FRANKLIN RESOURCES INC with over 10.21 million shares worth more than $47.69 million. As of 2024-06-30, FRANKLIN RESOURCES INC held 8.1496% of shares outstanding.
The other major institutional holder is VR ADVISER, LLC, with the holding of over 9.54 million shares as of 2024-06-30. The firm’s total holdings are worth over $44.57 million and represent 7.6149% of shares outstanding.
