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Tuesday, September 26, 2023

Insights Into Applied Therapeutics Inc. (APLT) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Applied Therapeutics Inc. (APLT) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.03, or 1.78%, to $1.72. The Applied Therapeutics Inc. has recorded 673 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Applied Therapeutics Announces Successful Pre-NDA Meeting with the FDA and Confirms Plans to Submit NDA for Govorestat (AT-007) for Treatment of Classic Galactosemia to FDA in Q4 2023.

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Stocks Info

Applied Therapeutics Inc. is listed on the NASDAQ in the Healthcare sector while operating in the Biotechnology industry. The current market capitalization of Applied Therapeutics Inc. is $106.00M. A total of 0.58 million shares were traded on the day, compared to an average of 423.02K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, APLT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 3 SELLs from insiders. Insiders purchased 3,154,015 shares during that period but sold 26,418.

In the most recent transaction, Shendelman Shoshana sold 15,870 shares of APLT for 0.91 per share on Jan 11. After the transaction, the President and CEO now owns 751,625 company shares. In a previous transaction on Jan 11, Perfetti Riccardo sold 6,053 shares at 0.91 per share. APLT shares that Chief Medical Officer owns now total 154,856.

Among the insiders who sold shares, Hansard Adam disposed of 4,495 shares on Jan 11 at a per-share price of $0.91. This resulted in the Chief Commercial Officer holding 92,475 shares of APLT after the transaction. In another insider transaction, Shendelman Shoshana bought 50,000 shares at $0.65 per share on Oct 14. Company shares held by the President and CEO now total 767,495.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for APLT in the last 3 months, the mean price target is $7.67 with high estimates of $14.00 and low estimates of $4.00. In terms of 52-week highs and lows, APLT has a high of $2.18 and a low of $0.50.

As of this writing, APLT has an earnings estimate of -$0.26 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.2 per share and a lower estimate of -$0.31. The company reported an EPS of -$0.18 in the last quarter, which was 41.90% higher than expectations of -$0.31.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. APLT’s latest balance sheet shows that the firm has $80.82M in Cash & Short Term Investments as of fiscal 2021. There were $1.33M in debt and $26.46M in liabilities at the time. Its Book Value Per Share was -$0.05, while its Total Shareholder’s Equity was $62.54M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 5.00.

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