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. Until today this year the stock’s price performance recorded an increase of 3.94%. However, over the last six months, the performance has been weaker by 288.97%. The price of APP increased 3.18% over the last 30 days. And in the last five days, it has surged by 1.99%.
Applovin Corp experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $417.64 on 12/06/24, while the lowest price for the same period was registered at $39.43 on 01/17/24.
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 -19.41% away from its 52-week high, while its distance from the 52-week low is 753.60%. The stock’s price range during this period has varied between$39.43 and $417.64. The Applovin Corp’s shares, which operate in the Technology, saw a trading volume of around 1.77 million for the day, a figure considerably lower than their average daily volume of 5.8 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Applovin Corp (APP) has experienced a quarterly rise of 131.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 112.95B 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 220.45, with a change in price of +247.63. Similarly, Applovin Corp recorded 5,283,077 in trading volume during the last 100 days, posting a change of +272.45%.
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 3.74. Similarly, the long-term debt-to-equity ratio is also 3.70.
APP Stock Stochastic Average
As of today, Applovin Corp’s raw stochastic average for the last 50 days stands at 69.49%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 56.79%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 32.55% and 25.66%, respectively.
