What Recent Market Trends Mean for Aptevo Therapeutics Inc’s (APVO) Stock

In the past week, APVO stock has gone down by -7.57%, with a monthly decline of -25.86% and a quarterly plunge of -57.99%. The volatility ratio for the week is 6.90%, and the volatility levels for the last 30 days are 8.84% for Aptevo Therapeutics Inc The simple moving average for the last 20 days is -12.18% for APVO stock, with a simple moving average of -90.29% for the last 200 days.

Is It Worth Investing in Aptevo Therapeutics Inc (NASDAQ: APVO) Right Now?

Moreover, the 36-month beta value for APVO is 5.16. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for APVO is 9.42M and currently, short sellers hold a 0.65% of that float. On September 16, 2024, APVO’s average trading volume was 5.94M shares.

APVO) stock’s latest price update

Aptevo Therapeutics Inc (NASDAQ: APVO) has seen a decline in its stock price by -9.13 in relation to its previous close of 0.35. However, the company has experienced a -7.57% decline in its stock price over the last five trading sessions. zacks.com reported 2024-08-15 that Aptevo Therapeutics (APVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Analysts’ Opinion of APVO

Piper Jaffray, on the other hand, stated in their research note that they expect to see APVO reach a price target of $6. The rating they have provided for APVO stocks is “Overweight” according to the report published on October 05th, 2017.

APVO Trading at -15.40% from the 50-Day Moving Average

After a stumble in the market that brought APVO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.50% of loss for the given period.

Volatility was left at 8.84%, however, over the last 30 days, the volatility rate increased by 6.90%, as shares sank -22.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.00% upper at present.

During the last 5 trading sessions, APVO fell by -7.14%, which changed the moving average for the period of 200-days by -95.91% in comparison to the 20-day moving average, which settled at $0.3625. In addition, Aptevo Therapeutics Inc saw -95.95% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for APVO

Current profitability levels for the company are sitting at:

  • -28.77 for the present operating margin
  • 0.52 for the gross margin

The net margin for Aptevo Therapeutics Inc stands at -27.67. The total capital return value is set at -2.73. Equity return is now at value -243.74, with -115.20 for asset returns.

Based on Aptevo Therapeutics Inc (APVO), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at -4.84. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is -2.71.

Currently, EBITDA for the company is -28.31 million with net debt to EBITDA at 0.12. When we switch over and look at the enterprise to sales, we see a ratio of -0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.

Conclusion

To wrap up, the performance of Aptevo Therapeutics Inc (APVO) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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