Aptevo Therapeutics Inc (NASDAQ:APVO) traded at $0.31 at close of the session on current trade day and made an upward move of 15.33% on its previous day’s price.
Looking at the stock we see that its previous close was $0.27 and the beta (5Y monthly) reads 5.066 with the day’s price range being $0.2544 – $0.3125. In terms of its 52-week price range, APVO has a high of $10.80 and a low of $0.14. The company’s stock has gained about 24.63% over that past 30 days.
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Aptevo Therapeutics Inc has a market cap of $6.57 million and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -0.28, with the EPS growth for the year raised at -2.77 for current year and -2.77 for next year.
On the other hand, looking at the outlook for the APVO stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 15.66% off its SMA20 and 39.55% from its 50-day simple moving average. The RSI (14) is pointing at 58.04 while the volatility over the past week is 20.99% and jumps to 18.10% over the past one month. The beta value is 5.02, while the average true range (ATR) is currently pointing at 0.05.
Coming back to Aptevo Therapeutics Inc (NASDAQ:APVO), we note that the average 3-month trading volume was 6.61 million, while that of the preceding 10-day period stands at 2.68 million. Current shares outstanding are 18.51 million.
The insiders hold 0.06% of the company’s shares while institutions hold 11.36%. The data shows that short shares as of 2024-10-31, stood at 1.2 million at a short ratio of 0.09. This represents a 895.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 58354.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -96.14% down in year-to-date price movement.
