APP: Riding the Market Waves of Growth and Decline in 2023

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 83.01%.However, over the last six months, we can see a weaker performance of 78.66%. Over the last 30 days, the price of APP has fallen by 17.88%. And in the last five days, it has surged by 2.59%.

Applovin Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $74.55 on 03/26/24 and the lowest value was $15.25 on 04/05/23.

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52-week price history of APP Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Applovin Corp’s current trading price is -2.17% away from its 52-week high, while its distance from the 52-week low is 378.23%. The stock’s price range during this period has varied between$15.25 and $74.55. The Applovin Corp’s shares, which operate in the Technology, saw a trading volume of around 3.68 million for the day, a figure considerably lower than their average daily volume of 4.23 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Applovin Corp (APP) has experienced a quarterly rise of 88.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.94B and boasts a workforce of 1745 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 48.66, with a change in price of +32.03. Similarly, Applovin Corp recorded 3,838,038 in trading volume during the last 100 days, posting a change of +78.33%.

APP’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 APP stands at 2.66. Similarly, the long-term debt-to-equity ratio is also 2.46.

APP Stock Stochastic Average

Applovin Corp’s raw stochastic average for the past 50 days is presently 95.18%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 89.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 74.05% and 68.30%, respectively.

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