APi Group Corporation (NYSE:APG) traded at $15.25 at last check on Friday, Oct 16, making an upward move of 0.13% on its previous day’s price.
Looking at the stock we see that its previous close was $15.23 and the beta (5Y monthly) reads 0 with the day’s price range being $15.02 – 15.50. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, APG has a high of $15.77 and a low of $4.3. The company’s stock has gained about 9.01% over that past 30 days.
Based on estimates by 6 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the APi Group Corporation (APG) stock as a Hold, while 4 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the APG stock currently stands at 0, and the current price level is 5.01% off its SMA20 and 5.13% from its 50-day simple moving average. The RSI (14) is pointing at 58.21 while the volatility over the past week is 3.49% and jumps to 3.99% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 0.57. The average price target for the stock over the next 12 months is $17.8, with the estimates having a low of $16 and a high of $20. These price ends are 4.92% and +31.15% off the current price level respectively, although investors could be excited at the prospect of a +11.48% if the APG share price touches on the median price of $17.
Let’s briefly compare APi (APG) stock to its peers. We find that today’s price change of +0.13% and +54.04% over the past 12 months for APG betters that of Wns Ltd (WNS), which has seen its stock price fall -4.01% in the latest trading session and is -1.38% over the last one year. Another of its peers Sps Commerce Inc (SPSC) has climbed 0.81% today, and is +79.79% up over the past year, while Brookfield Business Partners LP (BBU) is also up 0.13% yet its price remains in the green at 54.04% over the same period. Wns has a P/E ratio of 31.31 compared to APi’s 0 and Sps 80.67. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.01% and 0.39%, respectively, in early deals.
Coming back to APi Group Corporation (NYSE:APG), we note that the average 3-month trading volume was 873.39 Million, while that of the preceding 10-day period stands at 891.35 Million. Current shares outstanding are 169.29 Million.
According to data from Thomson Reuters, insiders hold 17.12% of the company’s shares while institutions hold 42.46%. The data shows that short shares as of September 29, 2020, stood at 4.15 Million at a short ratio of 5.2. This represents a 2.45% Short interest in Shares outstanding on September 29, 2020. Shares short dropped in September from the previous month at 4.87 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +44.55% up in year-to-date price movement.