Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Apple Hospitality REIT Inc’s current trading price is -15.95% away from its 52-week high, while its distance from the 52-week low is 5.83%. The stock’s price range during this period has varied between $14.17 and $17.85. The company, active in the Real Estate sector, saw a trading volume of around 1.81 million for the day, considerably higher average daily volume of 1.78 million observed over the last three months.
Apple Hospitality REIT Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $17.85 on 12/14/23, and the lowest price during the same period was recorded at $14.17 on 05/25/23.
How Financial Performance Impacts Market Capitalization
Apple Hospitality REIT Inc (APLE) has experienced a quarterly decline of -8.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.64B and boasts a workforce of 63 employees.
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 16.34, with a change in price of -1.67. Similarly, Apple Hospitality REIT Inc recorded 2,138,890 in trading volume during the last 100 days, posting a change of -10.02%.
APLE Stock Stochastic Average
As of today, the raw stochastic average of Apple Hospitality REIT Inc over the past 50 days is 6.59%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 8.07%. Additionally, the Stochastic %K and %D values for the company were 22.29% and 26.62%, respectively, over the past 20 days.
APLE Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -9.69%.However, over the last six months, we can see a stronger performance of -3.50%. Over the last 30 days, the price of APLE has leaped by -7.69%. And in the last five days, it has surged by 0.47%.
