Are Aptose Biosciences Inc (APTO) stocks a prudent buy?

Aptose Biosciences Inc [APTO] stock is trading at $0.28, up 63.92%. 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 APTO shares have gain 44.56% over the last week, with a monthly amount glided 2.16%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aptose Biosciences Inc [NASDAQ: APTO] stock has seen the most recent analyst activity on October 19, 2020, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $10. Previously, Alliance Global Partners started tracking the stock with Buy rating on September 22, 2020, and set its price target to $12. On February 20, 2020, Maxim Group initiated with a Buy rating and assigned a price target of $16 on the stock. H.C. Wainwright reiterated its Buy rating and increased its price target to $9 on February 06, 2020. Piper Sandler initiated its recommendation with a Overweight and recommended $10 as its price target on January 09, 2020. RBC Capital Mkts started tracking with a Outperform rating for this stock on March 01, 2019, and assigned it a price target of $6. In a note dated November 16, 2018, B. Riley FBR initiated an Buy rating and provided a target price of $5 on this stock.

Aptose Biosciences Inc [APTO] stock has fluctuated between $0.13 and $2.68 over the past year. Aptose Biosciences Inc [NASDAQ: APTO] shares were valued at $0.28 at the most recent close of the market.

Analyzing the APTO fundamentals

Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -51.23%, Pretax Profit Margin comes in at -50.67%, and Net Profit Margin reading is -50.67%. To continue investigating profitability, this company’s Return on Assets is posted at -3.3, Equity is 10.27 and Total Capital is -31.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.09.

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 0.1966 points at the first support level, and at 0.1141 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3755, and for the 2nd resistance point, it is at 0.4719.

Ratios To Look Out For

For context, Aptose Biosciences Inc’s Current Ratio is 1.05. Further, the Quick Ratio stands at 1.05.

Transactions by insiders

Recent insider trading involved Rice William G., Chair, President & CEO, that happened on Nov 25 ’24 when 100000.0 shares were purchased.

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