Applied Therapeutics Inc. (APLT) is priced at $22.29 after the most recent trading session. At the very opening of the session, the stock price was $26.83 and reached a high price of $27.33, prior to closing the session it reached the value of $23.38. The stock touched a low price of $23.19.
Recently in News on February 11, 2021, Applied Therapeutics, Inc. Announces Pricing of Public Offering of 3,000,000 Shares of Common Stock. Applied Therapeutics, Inc. (NASDAQ: APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced the pricing of its underwritten public offering of 3,000,000 shares of its common stock, par value $0.0001 per share, at a price to the public of $23.00 per share. The gross proceeds to the Company from the offering, before deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be $69 million. The Company has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of its common stock at the price to the public, less underwriting discounts and commissions. You can read further details here
Applied Therapeutics Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $29.80 on 02/09/21, with the lowest value was $19.32 for the same time period, recorded on 01/22/21.
Applied Therapeutics Inc. (APLT) full year performance was -55.72%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Applied Therapeutics Inc. shares are logging -58.72% during the 52-week period from high price, and 64.14% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $13.58 and $54.00.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 348134 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Applied Therapeutics Inc. (APLT) recorded performance in the market was 6.22%, having the revenues showcasing 50.84% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 511.55M, as it employees total of 11 workers.
Analysts verdict on Applied Therapeutics Inc. (APLT)
During the last month, 5 analysts gave the Applied Therapeutics Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 21.51, with a change in the price was noted +2.33. In a similar fashion, Applied Therapeutics Inc. posted a movement of +10.37% for the period of last 100 days, recording 133,421 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for APLT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Applied Therapeutics Inc. (APLT): Technical Analysis
Raw Stochastic average of Applied Therapeutics Inc. in the period of last 50 days is set at 52.00%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 51.81%. In the last 20 days, the company’s Stochastic %K was 55.38% and its Stochastic %D was recorded 69.82%.
Let’s take a glance in the erstwhile performances of Applied Therapeutics Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 6.22%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -23.79%, alongside a downfall of -55.72% for the period of the last 12 months. The shares increased approximately by -9.27% in the 7-day charts and went down by -0.60% in the period of the last 30 days. Common stock shares were driven by 50.84% during last recorded quarter.