AppTech Payments Corp (NASDAQ: APCX): Get Ready For The Next Few Months

In the last trading session, 0.21 million shares of the AppTech Payments Corp (NASDAQ:APCX) were traded, and its beta was 0.13. Most recently the company’s share price was $0.48, and it changed around -$0.01 or -2.94% from the last close, which brings the market valuation of the company to $13.15M. APCX currently trades at a discount to its 52-week high of $2.30, offering almost -379.17% off that amount. The share price’s 52-week low was $0.31, which indicates that the current value has risen by an impressive 35.42% since then. We note from AppTech Payments Corp’s average daily trading volume that its 10-day average is 0.36 million shares, with the 3-month average coming to 3.81 million.

AppTech Payments Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended APCX as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. AppTech Payments Corp is expected to report earnings per share of 0 for the current quarter.

AppTech Payments Corp (NASDAQ:APCX) trade information

Instantly APCX has showed a red trend with a performance of -2.94% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5000 on recent trading dayincreased the stock’s daily price by 4.0%. The company’s shares are currently down -8.58% year-to-date, but still down -8.03% over the last five days. On the other hand, AppTech Payments Corp (NASDAQ:APCX) is 25.03% up in the 30-day period. We can see from the shorts that 0.32 million shares have been sold at a short interest cover period of 2.91 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -29.87%.

APCX Dividends

AppTech Payments Corp’s next quarterly earnings report is expected to be released in February.

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

Upon looking at major shareholders, it appears that insiders hold 14.16% of AppTech Payments Corp shares, and 4.74% of them are in the hands of institutional investors. The stock currently has a share float of 5.53%. AppTech Payments Corp stock is held by 21.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 2.8416% of the shares, which is about 0.64 million shares worth $0.6 million.

GREENWICH WEALTH MANAGEMENT LLC, with 0.9584% or 0.22 million shares worth $0.2 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 483.44 shares worth $0.23 million, making up 1.75% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 149.96 shares worth around $71304.0, which represents about 0.54% of the total shares outstanding.