Applied Therapeutics Inc [APLT] stock prices are up 4.06% to $5.89 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The APLT shares have gain 12.84% over the last week, with a monthly amount glided 34.47%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, RBC Capital Mkts started tracking the stock with Outperform rating on March 26, 2024, and set its price target to $12. On February 22, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $12 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $7 on January 04, 2022. Goldman downgraded its rating to a Sell and reduced its price target to $10 on August 27, 2021. In a note dated October 08, 2020, Truist initiated an Buy rating and provided a target price of $85 on this stock.
The stock price of Applied Therapeutics Inc [APLT] has been fluctuating between $1.18 and $9.39 over the past year. Applied Therapeutics Inc [NASDAQ: APLT] shares were valued at $5.89 at the most recent close of the market.
Analyzing the APLT fundamentals
Gross Profit Margin for this corporation currently stands at 2.47% with Operating Profit Margin at 156.75%, Pretax Profit Margin comes in at 405.79%, and Net Profit Margin reading is 405.79%. To continue investigating profitability, this company’s Return on Assets is posted at -1.28, Equity is -22.27 and Total Capital is -1.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.41 points at the first support level, and at 4.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.18, and for the 2nd resistance point, it is at 6.48.
Ratios To Look Out For
It’s worth pointing out that Applied Therapeutics Inc [NASDAQ:APLT]’s Current Ratio is 1.80. On the other hand, the Quick Ratio is 1.80, and the Cash Ratio is 1.75. Considering the valuation of this stock, the price to sales ratio is 63.14, the price to book ratio is 10.00.
Transactions by insiders
Recent insider trading involved Shendelman Shoshana, President and CEO, that happened on Jun 06 ’24 when 61795.0 shares were sold. Chief Medical Officer, Perfetti Riccardo completed a deal on Jun 06 ’24 to sell 22003.0 shares. Meanwhile, Chief Financial Officer Funtleyder Leslie D. sold 16980.0 shares on Jun 06 ’24.
