Boom Or Bust: Where Does AppTech Payments Corp (NASDAQ: APCX) Stock Go From Here?

During the recent session, AppTech Payments Corp (NASDAQ:APCX)’s traded shares were 1.65 million, with the beta value of the company hitting 0.12. At the last check today, the stock’s price was $0.58, reflecting an intraday gain of 12.00% or $0.06. The 52-week high for the APCX share is $2.30, that puts it down -296.55 from that peak though still a striking 46.55% gain since the share price plummeted to a 52-week low of $0.31. The company’s market capitalization is $16.11M, and the average intraday trading volume over the past 10 days was 22.18 million shares, and the average trade volume was 3.63 million shares over the past three months.

AppTech Payments Corp (APCX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. APCX has a Sell rating from 1 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

AppTech Payments Corp (NASDAQ:APCX) trade information

AppTech Payments Corp (APCX) registered a 12.00% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 12.00% in intraday trading to $0.58, hitting a weekly high. The stock’s 5-day price performance is -31.05%, and it has moved by 38.66% in 30 days. Based on these gigs, the overall price performance for the year is -72.26%. The short interest in AppTech Payments Corp (NASDAQ:APCX) is 0.32 million shares and it means that shorts have 2.91 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -29.87%.

APCX Dividends

AppTech Payments Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

AppTech Payments Corp (NASDAQ:APCX)’s Major holders

AppTech Payments Corp insiders own 14.16% of total outstanding shares while institutional holders control 4.74%, with the float percentage being 5.53%. VANGUARD GROUP INC is the largest shareholder of the company, while 21.0 institutions own stock in it. As of 2024-06-30, the company held over 0.64 million shares (or 2.8416% of all shares), a total value of $0.6 million in shares.

The next largest institutional holding, with 0.22 million shares, is of GREENWICH WEALTH MANAGEMENT LLC’s that is approximately 0.9584% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.2 million.

Also, the Mutual Funds coming in first place with the largest holdings of AppTech Payments Corp (APCX) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 483.44 shares. This amounts to just over 1.75 percent of the company’s overall shares, with a $0.29 million market value. The same data shows that the other fund manager holds slightly less at 149.96, or about 0.54% of the stock, which is worth about $90288.0.