Applied Therapeutics Inc (APLT): A Case For Going Higher

After Hours

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Stocks Info

This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. The current market capitalization of Applied Therapeutics Inc is $643.34M. A total of 1.09 million shares were traded on the day, compared to an average of 1.01M shares.

In the most recent transaction, Shendelman Shoshana sold 61,795 shares of APLT for 4.32 per share on Jun 06 ’24. After the transaction, the President and CEO now owns 3,756,019 company shares. In a previous transaction on Jun 06 ’24, Perfetti Riccardo sold 22,003 shares at 4.32 per share. APLT shares that Chief Medical Officer owns now total 1,009,534.

Among the insiders who sold shares, Funtleyder Leslie D. disposed of 16,980 shares on Jun 06 ’24 at a per-share price of $4.32. This resulted in the Chief Financial Officer holding 291,441 shares of APLT after the transaction. In another insider transaction, ALEXANDRIA REAL ESTATE EQUITIE sold 150,000 shares at $4.24 per share on Jun 05 ’24. Company shares held by the 10% Owner now total 5,855,077.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, APLT has a high of $9.39 and a low of $1.18.

As of this writing, APLT has an earnings estimate of -$0.18 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of -$0.09 per share and a lower estimate of -$0.25. The company reported an EPS of -$0.37 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. APLT’s latest balance sheet shows that the firm has $80.82M in Cash & Short Term Investments as of fiscal 2021. There were $2.12M in debt and $26.46M in liabilities at the time. Its Book Value Per Share was $0.59, while its Total Shareholder’s Equity was $62.54M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for APLT is Buy with a score of 4.80.

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