A share price of Applied Therapeutics Inc [APLT] is currently trading at $8.97, up 2.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The APLT shares have gain 1.99% over the last week, with a monthly amount glided 10.67%, 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.
Applied Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $1.79 and $9.39. Applied Therapeutics Inc [NASDAQ: APLT] shares were valued at $8.97 at the most recent close of the market.
Analyzing the APLT fundamentals
Trailing Twelve Months sales for Applied Therapeutics Inc [NASDAQ:APLT] were 10.66M which represents -98.65% decline. 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 8.55 points at the first support level, and at 8.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.26, and for the 2nd resistance point, it is at 9.56.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Applied Therapeutics Inc [NASDAQ:APLT] is 2.30. As well, the Quick Ratio is 2.30, while the Cash Ratio is 2.21. Considering the valuation of this stock, the price to sales ratio is 96.64, the price to book ratio is 14.23.
Transactions by insiders
Recent insider trading involved Funtleyder Leslie D., Chief Financial Officer, that happened on Aug 22 ’24 when 13530.0 shares were sold. Chief Medical Officer, Perfetti Riccardo completed a deal on Aug 22 ’24 to sell 22681.0 shares. Meanwhile, President and CEO Shendelman Shoshana sold 0.36 million shares on Aug 13 ’24.
