Artisan Partners Asset Management Inc (NYSE:APAM) shares, rose in value on Friday, May 30, with the stock price down by -1.03% to the previous day’s close as strong demand from buyers drove the stock to $40.30.
Actively observing the price movement in the last trading, the stock closed the session at $40.72. The PE ratio was 11.35 over 12-month period. Referring to stock’s 52-week performance, its high was $48.98, and the low was $32.75. On the whole, APAM has fluctuated by 8.98% over the past month.
With the market capitalization of Artisan Partners Asset Management Inc currently standing at about $3.25 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.03, with its dividend yield at 7.53%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that APAM’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% 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 4.01, with the price of APAM currently trading nearly -3.02% and 3.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.29, while the 7-day volatility ratio is showing 1.43% which for the 30-day chart, stands at 1.90%. Furthermore, Artisan Partners Asset Management Inc (APAM)’s beta value is 1.67, and its average true range (ATR) is 1.16.
A comparison of Artisan Partners Asset Management Inc (APAM) with its peers suggests the former has fared considerably weaker in the market. APAM showed an intraday change of -1.03% in last session, and over the past year, it shrunk by -7.76%%.
Data on historical trading for Artisan Partners Asset Management Inc (NYSE:APAM) indicates that the trading volumes over the past 3 months, they’ve averaged 660.93K. According to company’s latest data on outstanding shares, there are 70.43 million shares outstanding.
Nearly 2.03% of Artisan Partners Asset Management Inc’s shares belong to company insiders and institutional investors own 91.57% of the company’s shares. The stock has fallen by -5.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the APAM stock heading into the next quarter.
