Apple Inc (NASDAQ:AAPL) shares, rose in value, with the stock price down by -0.20% to the previous day’s close as strong demand from buyers drove the stock to $236.40.
Actively observing the price movement in the recent trading, the stock is buoying the session at $236.87, falling within a range of $235.57 and $239.0. The value of beta (5-year monthly) is 1.24 whereas the PE ratio is 37.52 over 12-month period. Referring to stock’s 52-week performance, its high was $260.10, and the low was $164.07. On the whole, AAPL has fluctuated by 1.34% over the past month.
With the market capitalization of Apple Inc currently standing at about $3551.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 0.42%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 409.35B, with a low estimate of 89.37B and a high estimate of 97.72B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 94.21B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AAPL’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.69, with the price of AAPL currently trading nearly 2.34% and -1.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.45, while the 7-day volatility ratio is showing 2.35% which for the 30-day chart, stands at 2.61%. Furthermore, Apple Inc (AAPL)’s beta value is 1.18, and its average true range (ATR) is 5.97.
A comparison of Apple Inc (AAPL) with its peers suggests the former has fared considerably weaker in the market. AAPL showed an intraday change of -0.20% in today’s session so far, and over the past year, it grew by 26.32%%.
Data on historical trading for Apple Inc (NASDAQ:AAPL) indicates that the trading volumes over the past 10 days have averaged 51.62 and over the past 3 months, they’ve averaged 50.39 million. According to company’s latest data on outstanding shares, there are 15.04 billion shares outstanding.
Nearly 0.29% of Apple Inc’s shares belong to company insiders and institutional investors own 63.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 135.19 million shares as on 2025-01-15, resulting in a short ratio of 2.74. According to the data, the short interest in Apple Inc (AAPL) stood at 90.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 156.46 million. The stock has fallen by -5.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AAPL stock heading into the next quarter.
