In last trading session, Applied Therapeutics Inc (NASDAQ:APLT) saw 1.28 million shares changing hands with its beta currently measuring 2.02. Company’s recent per share price level of $9.74 trading at $0.09 or 0.93% at ring of the bell on the day assigns it a market valuation of $1.12B. That closing price of APLT’s stock is at a discount of -2.46% from its 52-week high price of $9.98 and is indicating a premium of 81.62% from its 52-week low price of $1.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.73 million shares which gives us an average trading volume of 2.57 million if we extend that period to 3-months.
For Applied Therapeutics Inc (APLT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.17. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.16 in the current quarter.
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Applied Therapeutics Inc (NASDAQ:APLT) trade information
Upright in the green during last session for gaining 0.93%, in the last five days APLT remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $9.74 price level, adding 2.4% to its value on the day. Applied Therapeutics Inc’s shares saw a change of 190.75% in year-to-date performance and have moved 10.18% in past 5-day. Applied Therapeutics Inc (NASDAQ:APLT) showed a performance of 18.64% in past 30-days. Number of shares sold short was 14.53 million shares which calculate 2.85 days to cover the short interests.
Applied Therapeutics Inc (APLT) estimates and forecasts
Statistics highlight that Applied Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 110.82% of value to its shares in past 6 months, showing an annual growth rate of 40.85% while that of industry is 16.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -83.00% from the last financial year’s standing.
And 4 analysts are in estimates of company making revenue of 750k in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -8.72% during past 5 years.
Applied Therapeutics Inc (NASDAQ:APLT)’s Major holders
Insiders are in possession of 5.31% of company’s total shares while institution are holding 92.75 percent of that, with stock having share float percentage of 97.94%. Investors also watch the number of corporate investors in a company very closely, which is 92.75% institutions for Applied Therapeutics Inc that are currently holding shares of the company. FRANKLIN RESOURCES INC is the top institutional holder at APLT for having 10.21 million shares of worth $47.69 million. And as of 2024-06-30, it was holding 8.1496 of the company’s outstanding shares.
The second largest institutional holder is VR ADVISER, LLC, which was holding about 9.54 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.6149 of outstanding shares, having a total worth of $44.57 million.
