The price of Applied Therapeutics Inc (NASDAQ:APLT) shares last traded on Wall Street rose 1.91% to $8.00.
APLT stock price is now 40.64% away from the 50-day moving average and 69.82% away from the 200-day moving average. The market capitalization of the company currently stands at $918.80M.
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On March 26, 2024, RBC Capital Mkts recently initiated its ‘Outperform’ rating on the stock quoting a target price of $12, while ‘Leerink Partners’ rates the stock as ‘Outperform’
In other news, Funtleyder Leslie D., Chief Financial Officer sold 13,530 shares of the company’s stock on Aug 22 ’24. The stock was sold for $78,880 at an average price of $5.83. Upon completion of the transaction, the Chief Financial Officer now directly owns 277,911 shares in the company, valued at $2.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, Chief Medical Officer Perfetti Riccardo sold 22,681 shares of the business’s stock. A total of $132,230 was realized by selling the stock at an average price of $5.83. This leaves the insider owning 986,853 shares of the company worth $7.89 million. A total of 25.12% of the company’s stock is owned by insiders.
During the past 12 months, Applied Therapeutics Inc has had a low of $1.79 and a high of $9.39. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.30, and a quick ratio of 2.30. The fifty day moving average price for APLT is $5.7435 and a two-hundred day moving average price translates $4.738775 for the stock.
The latest earnings results from Applied Therapeutics Inc (NASDAQ: APLT) was released for 2024-06-30. The net profit margin was -905.38% and return on equity was -682.16% for APLT.
