Long-Time Horizon Analysis of Applied Dna Sciences Inc (APDN) Stock

Applied Dna Sciences Inc [APDN] stock prices are up 78.22% to $0.78 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The APDN shares have gain 117.47% over the last week, with a monthly amount glided 91.23%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Applied Dna Sciences Inc [NASDAQ: APDN] stock has seen the most recent analyst activity on February 12, 2021, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $24. Previously, H.C. Wainwright reaffirmed its Buy rating on January 14, 2021, and dropped its price target to $14. On December 18, 2020, H.C. Wainwright reiterated its Buy rating and revised its price target to $12 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $22 on July 20, 2020. H.C. Wainwright initiated its recommendation with a Buy and recommended $18 as its price target on July 02, 2020. Maxim Group reiterated a Buy rating for this stock on November 14, 2016, and downed its price target to $6. In a note dated May 13, 2016, Maxim Group reiterated an Buy rating on this stock and revised its target price from $13 to $9.

The stock price of Applied Dna Sciences Inc [APDN] has been fluctuating between $0.31 and $30.60 over the past year. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Applied Dna Sciences Inc [NASDAQ: APDN] shares were valued at $0.78 at the most recent close of the market. An investor can expect a potential return of 92.31% based on the average APDN price forecast.

Analyzing the APDN fundamentals

The Applied Dna Sciences Inc [NASDAQ:APDN] reported sales of 3.40M for trailing twelve months, representing a drop of -72.66%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -4.39%, Pretax Profit Margin comes in at -2.17%, and Net Profit Margin reading is -2.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is -1.37 and Total Capital is -1.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.

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 0.4989 points at the first support level, and at 0.2150 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9784, and for the 2nd resistance point, it is at 1.1740.

Ratios To Look Out For

It’s worth pointing out that Applied Dna Sciences Inc [NASDAQ:APDN]’s Current Ratio is 3.91. In addition, the Quick Ratio stands at 3.76 and the Cash Ratio stands at 3.45. Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 0.65.

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