APi Group Corporation (NYSE:APG) went down by -7.22% from its latest closing price compared to the recent 1-year high of $26.84. The company’s stock price has collected -2.75% of loss in the last five trading sessions.
Is It Worth Investing in APi Group Corporation (NYSE :APG) Right Now?
Plus, the 36-month beta value for APG is at 1.61. Opinions of the stock are interesting as 4 analysts out of 9 who provided ratings for APi Group Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $22.67, which is $6.65 above the current price. APG currently public float of 204.75M and currently shorts hold a 3.03% ratio of that float. Today, the average trading volume of APG was 1.10M shares.
APG’s Market Performance
APG stocks went down by -2.75% for the week, with a monthly jump of 11.42% and a quarterly performance of -8.52%, while its annual performance rate touched -23.35%. The volatility ratio for the week stands at 4.19% while the volatility levels for the past 30 days are set at 3.26% for APi Group Corporation. The simple moving average for the period of the last 20 days is 4.06% for APG stocks with a simple moving average of -16.80% for the last 200 days.
Analysts’ Opinion of APG
Many brokerage firms have already submitted their reports for APG stocks, with BofA Securities repeating the rating for APG by listing it as a “Buy.” The predicted price for APG in the upcoming period, according to BofA Securities is $23 based on the research report published on July 11th of the current year 2022.
JP Morgan, on the other hand, stated in their research note that they expect to see APG reach a price target of $17. The rating they have provided for APG stocks is “Neutral” according to the report published on June 17th, 2022.
RBC Capital Mkts gave a rating of “Sector Perform” to APG, setting the target price at $24 in the report published on March 25th of the current year.
APG Trading at 3.90% from the 50-Day Moving Average
After a stumble in the market that brought APG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.77% of loss for the given period.
Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 4.19%, as shares surge +9.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.62% lower at present.
During the last 5 trading sessions, APG fell by -2.75%, which changed the moving average for the period of 200-days by -18.88% in comparison to the 20-day moving average, which settled at $16.38. In addition, APi Group Corporation saw -34.15% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at APG starting from MALKIN ANTHONY E, who purchase 25,200 shares at the price of $14.47 back on Jun 17. After this action, MALKIN ANTHONY E now owns 18,900 shares of APi Group Corporation, valued at $364,644 using the latest closing price.
MALKIN ANTHONY E, the Director of APi Group Corporation, purchase 12,600 shares at $14.47 during a trade that took place back on Jun 17, which means that MALKIN ANTHONY E is holding 34,396 shares at $182,322 based on the most recent closing price.
Stock Fundamentals for APG
Current profitability levels for the company are sitting at:
- +3.45 for the present operating margin
- +20.74 for the gross margin
The net margin for APi Group Corporation stands at +1.19. Equity return is now at value -6.70, with -2.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.03.