At the time of writing, Applied Therapeutics Inc [APLT] stock is trading at $6.22, up 5.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The APLT shares have gain 5.07% over the last week, with a monthly amount glided 16.26%, 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.
For the past year, the stock price of Applied Therapeutics Inc fluctuated between $1.22 and $9.39. Applied Therapeutics Inc [NASDAQ: APLT] shares were valued at $6.22 at the most recent close of the market.
Analyzing the APLT fundamentals
According to Applied Therapeutics Inc [NASDAQ:APLT], the company’s sales were 10.66M for trailing twelve months, which represents an -98.65% plunge. Gross Profit Margin for this corporation currently stands at 3.12% with Operating Profit Margin at 234.34%, Pretax Profit Margin comes in at 483.75%, and Net Profit Margin reading is 483.75%. To continue investigating profitability, this company’s Return on Assets is posted at -1.26, Equity is -5.78 and Total Capital is -1.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 5.90 points at the first support level, and at 5.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.46, and for the 2nd resistance point, it is at 6.69.
Ratios To Look Out For
It is important to note that Applied Therapeutics Inc [NASDAQ:APLT] has a current ratio of 2.30. Further, the Quick Ratio stands at 2.30, while the Cash Ratio is 2.21. Considering the valuation of this stock, the price to sales ratio is 67.01, the price to book ratio is 9.87.
Transactions by insiders
Recent insider trading involved Shendelman Shoshana, President and CEO, that happened on Aug 13 ’24 when 0.36 million shares were sold. President and CEO, Shendelman Shoshana completed a deal on Aug 12 ’24 to sell 0.3 million shares. Meanwhile, President and CEO Shendelman Shoshana sold 0.12 million shares on Aug 14 ’24.
