APA Corporation (NASDAQ:APA) shares traded -4.06% lower at $21.05 on Wall Street last session.
APA stock price is now -9.96% away from the 50-day moving average and -25.25% away from the 200-day moving average. The market capitalization of the company currently stands at $7.79B.
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With the price target reduced from $42 to $25, Wells Fargo Downgraded its rating from Overweight to Equal Weight for APA Corporation (NASDAQ: APA). , while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Ellis Juliet S, Director bought 4,391 shares of the company’s stock on Dec 12 ’24. The stock was bought for $100,027 at an average price of $22.78. Upon completion of the transaction, the Director now directly owns 12,436 shares in the company, valued at $0.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 28 ’24, Former Officer LANNIE P ANTHONY bought 89,501 shares of the business’s stock. A total of $2,145,212 was incurred on buying the stock at an average price of $23.97. A total of 2.11% of the company’s stock is owned by insiders.
During the past 12 months, APA Corporation has had a low of $20.95 and a high of $37.82. As of last week, the company has a debt-to-equity ratio of 1.27, a current ratio of 1.24, and a quick ratio of 1.07. The fifty day moving average price for APA is $23.4974 and a two-hundred day moving average price translates $28.20365 for the stock.
The latest earnings results from APA Corporation (NASDAQ: APA) was released for 2024-09-30. The net profit margin was 24.18% and return on equity was 71.80% for APA. The company reported revenue of $2.54 billion for the quarter, compared to $2.31 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.0 percent.
