During the last session, Applied Dna Sciences Inc (NASDAQ:APDN)’s traded shares were 1.65 million, with the beta value of the company hitting 0.36. The 52-week high for the APDN share is $14.40, that puts it down -7900.0 from that peak though still a striking 33.33% gain since the share price plummeted to a 52-week low of $0.12. The company’s market capitalization is $9.76M, and the average intraday trading volume over the past 10 days was 2.53 million shares, and the average trade volume was 6.13 million shares over the past three months.
Applied Dna Sciences Inc (APDN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. APDN has a Sell rating from 0 analyst(s) out of 1 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 -0.33.
Applied Dna Sciences Inc (NASDAQ:APDN) trade information
Applied Dna Sciences Inc (APDN) registered a -1.67% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.67% in intraday trading to $0.18, hitting a weekly high. The stock’s 5-day price performance is -3.01%, and it has moved by -24.00% in 30 days. Based on these gigs, the overall price performance for the year is -98.52%. The short interest in Applied Dna Sciences Inc (NASDAQ:APDN) is 1.77 million shares and it means that shorts have 0.47 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.5, which implies an increase of 88.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $1.5 respectively. As a result, APDN is trading at a discount of -733.33% off the target high and -733.33% off the low.
Applied Dna Sciences Inc (APDN) estimates and forecasts
Statistics show that Applied Dna Sciences Inc has outperformed its competitors in share price, compared to the industry in which it operates. Applied Dna Sciences Inc (APDN) shares have gone down -57.13% during the last six months, with a year-to-date growth rate more than the industry average at 52.20% against 14.70. In the rating firms’ projections, revenue will increase 51.67% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.18M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 1.3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 891.16k and 929.63k respectively. In this case, analysts expect current quarter sales to grow by 31.85% and then jump by 40.16% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 60.68%.
APDN Dividends
Applied Dna Sciences Inc 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.
Applied Dna Sciences Inc (NASDAQ:APDN)’s Major holders
Applied Dna Sciences Inc insiders own 20.98% of total outstanding shares while institutional holders control 25.01%, with the float percentage being 31.66%. MATHER GROUP, LLC. is the largest shareholder of the company, while 26.0 institutions own stock in it. As of 2024-06-30, the company held over 700.0 shares (or 0.0803% of all shares), a total value of $287.0 in shares.
Also, the Mutual Funds coming in first place with the largest holdings of Applied Dna Sciences Inc (APDN) shares are Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund . Data provided on Nov 30, 2024 indicates that Fidelity Extended Market Index Fund owns about 57.64 shares. This amounts to just over 0.10 percent of the company’s overall shares, with a $10202.0 market value. The same data shows that the other fund manager holds slightly less at 26.01, or about 0.05% of the stock, which is worth about $4604.0.
