In the last trading session, 29.79 million Applied Dna Sciences Inc (NASDAQ:APDN) shares changed hands as the company’s beta touched 0.46. With the company’s per share price at $0.20 changed hands at $0.05 or 33.13% during last session, the market valuation stood at $9.98M. APDN’s last price was a discount, traded about -11300.0% off its 52-week high of $22.80. The share price had its 52-week low at $0.14, which suggests the last value was 30.0% up since then. When we look at Applied Dna Sciences Inc’s average trading volume, we note the 10-day average is 2.62 million shares, with the 3-month average coming to 3.92 million.

Analysts gave the Applied Dna Sciences Inc (APDN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended APDN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Applied Dna Sciences Inc’s EPS for the current quarter is expected to be -0.35.

Applied Dna Sciences Inc (NASDAQ:APDN) trade information

Instantly APDN was in green as seen at the end of in last trading. With action 22.72%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -98.41%, with the 5-day performance at 22.72% in the green. However, in the 30-day time frame, Applied Dna Sciences Inc (NASDAQ:APDN) is -0.10% down. Looking at the short shares, we see there were 0.48 million shares sold at short interest cover period of 0.11 days.

The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 86.67% from its current market value. According to analyst projections, APDN’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a -650.0% plunge from its current level, while the stock would need to soar -650.0% for it to hit the projected low.

Applied Dna Sciences Inc (APDN) estimates and forecasts

Data shows that the Applied Dna Sciences Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -61.70% over the past 6 months, a 88.16% in annual growth rate that is considerably higher than the industry average of 12.00%. Year-over-year growth is forecast to reach -73.69% down from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 899k. 1 analysts are of the opinion that Applied Dna Sciences Inc’s revenue for the current quarter will be 1.18M. The company’s revenue for the corresponding quarters a year ago was 779.74k and 891.16k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15.29%. The estimates for the next quarter sales put growth at 31.85%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 45.52%. The 2024 estimates are for Applied Dna Sciences Inc earnings to increase by 71.32%.

APDN Dividends

Applied Dna Sciences Inc is expected to release its next quarterly earnings report in January.

Applied Dna Sciences Inc (NASDAQ:APDN)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.62% of Applied Dna Sciences Inc shares while 0.50% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.50%. There are 0.50% institutions holding the Applied Dna Sciences Inc stock share, with MATHER GROUP, LLC. the top institutional holder. As of 2024-06-30, the company held 0.0803% of the shares, roughly 700.0 APDN shares worth $287.0.

JPMORGAN CHASE & CO holds the second largest percentage of outstanding shares.