Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Applovin Corp’s current trading price is 3.78% away from its 52-week high, while its distance from the 52-week low is 415.12%. The stock’s price range over this period has fluctuated between $13.23 and $65.67. The company, operating within the financial sector, had a trading volume of approximately 7.55 million for the day, which was noticeably higher than the average daily share volume of 3.91 million over the last 3 months.
In terms of market performance, Applovin Corp had a fairly even. The highest value for the stock in the past year was $65.67 on 03/18/24, and the lowest value was recorded at $13.23 on 03/20/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Applovin Corp (APP) has experienced a quarterly rise of 76.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.31B and boasts a workforce of 1745 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 45.05, with a change in price of +30.51. Similarly, Applovin Corp recorded 3,683,389 in trading volume during the last 100 days, posting a change of +81.06%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for APP stands at 2.66. Similarly, the long-term debt-to-equity ratio is also 2.46.
APP Stock Stochastic Average
Today’s raw stochastic average for Applovin Corp over the last 50 days is 97.85%.This indicates a increase from the raw stochastic average of the past 20 days, which was 95.32%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 84.46% and 82.71%, respectively.
APP Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 71.02%. However, over the past six months, we’ve seen a weaker performance of 59.15%. The price of APP fallen by 16.50% over the last 30 days. And in the last five days, it has surged by 13.53%.
