Home  »  News   »  Apple Hospitality REIT Inc. (APLE) Stock: A Year o...

Apple Hospitality REIT Inc. (APLE) Stock: A Year of Stock Market Ups and Downs

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Apple Hospitality REIT Inc.’s current trading price is -11.14% away from its 52-week high, while its distance from the 52-week low is 18.52%. The stock’s price range for this time frame has been between $13.66 and $18.22. The trading volume of the company’s shares in the Real Estate reached around 42.32 million for the day, which was evidently higher than the average daily volume of 1.71 million over the last three months.

The current stock price for Apple Hospitality REIT Inc. (APLE) is $16.19. The stock experienced a significant increase during the last trading session, reaching $16.36 after opening at $15.82. It dipped to a low of $15.79 before ultimately closing at $15.87.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free

In terms of market performance, Apple Hospitality REIT Inc. had a somewhat regular. The highest value for the stock in the past year was $18.22 on 02/02/23, while the lowest value was $13.66 on 03/24/23.

How Financial Performance Impacts Market Capitalization

Apple Hospitality REIT Inc. (APLE) has experienced a quarterly rise of 8.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.63B and boasts a workforce of 63 employees.

Decoding Analysts’ Ratings for Apple Hospitality REIT Inc.

As of right now, 4 analysts are rating Apple Hospitality REIT Inc. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 15.15, with a change in price of +0.81. Similarly, Apple Hospitality REIT Inc. recorded 2,092,951 in trading volume during the last 100 days, posting a change of +5.27%.

How APLE’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for APLE stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.48.

APLE Stock Stochastic Average

The raw stochastic average for Apple Hospitality REIT Inc. over the last 50 days is presently at 91.63%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 91.63%. Further, the company’s Stochastic %K and %D values for the last 20 days were 82.76% and 84.75%, respectively.

APLE Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant gain of 2.60% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 6.58%. Over the past 30 days, the price of APLE has fallen by 9.84%. And in the last five days, it has surged by 0.25%.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts