Apple Inc (NASDAQ:AAPL) shares, rose in value, with the stock price down by -0.23% to the previous day’s close as strong demand from buyers drove the stock to $199.95.
Actively observing the price movement in the last trading, the stock closed the session at $200.42. The PE ratio was 31.20 over 12-month period. Referring to stock’s 52-week performance, its high was $260.10, and the low was $169.21. On the whole, AAPL has fluctuated by -5.33% over the past month.
With the market capitalization of Apple Inc currently standing at about $2986.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.01, with its dividend yield at 0.51%.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.86, with the price of AAPL currently trading nearly -2.03% and -2.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.50, while the 7-day volatility ratio is showing 2.28% which for the 30-day chart, stands at 2.12%. Furthermore, Apple Inc (AAPL)’s beta value is 1.22, 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 -0.23% in last session, and over the past year, it grew by 5.25%%.
Data on historical trading for Apple Inc (NASDAQ:AAPL) indicates that the trading volumes over the past 3 months, they’ve averaged 62.23 million. According to company’s latest data on outstanding shares, there are 14.94 billion shares outstanding.
Nearly 0.10% of Apple Inc’s shares belong to company insiders and institutional investors own 63.82% of the company’s shares. The stock has fallen by -20.15% 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.
