Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Apple Hospitality REIT Inc’s current trading price is -14.06% away from its 52-week high, while its distance from the 52-week low is 7.33%. The stock’s price range over this period has fluctuated between $13.56 and $16.93. The company, operating within the financial sector, had a trading volume of approximately 3.07 million for the day, which was noticeably higher than the average daily share volume of 1.9 million over the last 3 months.
Apple Hospitality REIT Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $16.93 on 03/12/24, while the lowest price for the same period was registered at $13.56 on 08/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Apple Hospitality REIT Inc (APLE) has experienced a quarterly decline of -9.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.49B and boasts a workforce of 65 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.35, with a change in price of -0.62. Similarly, Apple Hospitality REIT Inc recorded 1,851,689 in trading volume during the last 100 days, posting a change of -4.09%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for APLE stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.40.
APLE Stock Stochastic Average
Today’s raw stochastic average for Apple Hospitality REIT Inc over the last 50 days is 17.93%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 19.63%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 19.02% and 22.97%, respectively.
APLE Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -5.21%.However, over the last six months, we can see a weaker performance of 1.09%. Over the last 30 days, the price of APLE has leaped by -5.15%. And in the last five days, it has surged by 0.55%.
