logo

Analyzing the Impact of Earnings Reports on Applovin Corp Inc. (APP) Price Performance

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 86.65% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 99.09%. Over the past 30 days, the price of APP has leaped by -13.94%. And in the last five days, it has fallen by -8.89%.

In terms of market performance, Applovin Corp had a somewhat regular. The highest value for the stock in the past year was $88.50 on 05/09/24, while the lowest value was $21.87 on 06/14/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of APP Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Applovin Corp’s current trading price is -15.95% away from its 52-week high, while its distance from the 52-week low is 240.10%. The stock’s price range for this period has been between $21.87 and $88.50. The Technology sector company’s shares saw a trading volume of about 3.48 million for the day, which was lower than the average daily volume of 4.31 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Applovin Corp (APP) has experienced a quarterly rise of 21.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.47B and boasts a workforce of 1745 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 66.85, with a change in price of +32.01. Similarly, Applovin Corp recorded 4,495,208 in trading volume during the last 100 days, posting a change of +74.27%.

APP’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for APP stands at 4.64. Similarly, the long-term debt-to-equity ratio is also 4.59.

APP Stock Stochastic Average

As of today, the raw stochastic average of Applovin Corp over the past 50 days is 41.41%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 3.73%. Additionally, the Stochastic %K and %D values for the company were 23.49% and 38.35%, respectively, over the past 20 days.

Most Popular