Applovin Corp ‘s stock market performance has been somewhat predictable.
52-week price history of APP Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Applovin Corp’s current trading price is -25.05% away from its 52-week high, while its distance from the 52-week low is 548.74%. The stock’s price range during the 52-week period has remained between $60.67 and $525.15. In the Communication Services sector, the company’s shares saw a trading volume of around 2.03 million for the day, which was evidently lower than the average daily volume of 8.81 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Applovin Corp (APP) has experienced a quarterly rise of 20.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 133.19B and boasts a workforce of 1563 employees.
Making Sense of Trading Volume and Moving Average Data
Examining APP’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for APP stands at 6.45. Similarly, the long-term debt-to-equity ratio is also 6.10.
APP Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 21.54%. However, over the past six months, we’ve seen a weaker performance of 19.79%. The price of APP fallen by 27.96% over the last 30 days. And in the last five days, it has surged by 3.33%.
