The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 2.95%.However, over the last six months, we can see a stronger performance of -12.46%. Over the last 30 days, the price of APPN has fallen by 18.85%. And in the last five days, it has surged by 5.38%.
Appian Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $54.26 on 06/14/23 and the lowest value was $30.87 on 02/05/24.
52-week price history of APPN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Appian Corp’s current trading price is -28.55% away from its 52-week high, while its distance from the 52-week low is 25.59%. The stock’s price range during this period has varied between$30.87 and $54.26. The Appian Corp’s shares, which operate in the Technology, saw a trading volume of around 0.94 million for the day, a figure considerably higher than their average daily volume of 0.47 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Appian Corp (APPN) has experienced a quarterly decline of -0.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.85B and boasts a workforce of 2243 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 35.83, with a change in price of -1.62. Similarly, Appian Corp recorded 473,397 in trading volume during the last 100 days, posting a change of -4.04%.
APPN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for APPN stands at 5.30. Similarly, the long-term debt-to-equity ratio is also 3.81.
APPN Stock Stochastic Average
Appian Corp’s raw stochastic average for the past 50 days is presently 81.66%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 80.02%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.16% and 81.82%, respectively.
