Apollomics Inc (APLM) Shares Plummet Below 1-Year High

The stock price of Apollomics Inc (NASDAQ: APLM) has dropped by -15.62 compared to previous close of 9.67. Despite this, the company has seen a fall of -50.33% in its stock price over the last five trading days. globenewswire.com reported 2024-09-04 that FOSTER CITY, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) — Apollomics Inc. (Nasdaq: APLM) (“Apollomics” or the “Company”), a late-stage clinical biopharmaceutical company developing multiple oncology drug candidates to address difficult-to-treat and treatment-resistant cancers, today announced Company management will be presenting at the H.C. Wainwright 26th Annual Global Investment Conference taking place on September 9-11, 2024 virtually and in person at the Lotte New York Palace Hotel in New York, NY.

Is It Worth Investing in Apollomics Inc (NASDAQ: APLM) Right Now?

Additionally, the 36-month beta value for APLM is 1.13. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for APLM is 0.66M and currently, short sellers hold a 0.25% ratio of that float. The average trading volume of APLM on November 27, 2024 was 278.24K shares.

APLM’s Market Performance

The stock of Apollomics Inc (APLM) has seen a -50.33% decrease in the past week, with a -38.46% drop in the past month, and a -33.60% fall in the past quarter. The volatility ratio for the week is 24.46%, and the volatility levels for the past 30 days are at 21.71% for APLM. The simple moving average for the past 20 days is -31.79% for APLM’s stock, with a -73.00% simple moving average for the past 200 days.

APLM Trading at -37.38% from the 50-Day Moving Average

After a stumble in the market that brought APLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.37% of loss for the given period.

Volatility was left at 21.71%, however, over the last 30 days, the volatility rate increased by 24.46%, as shares sank -37.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.51% lower at present.

During the last 5 trading sessions, APLM fell by -50.33%, which changed the moving average for the period of 200-days by -88.34% in comparison to the 20-day moving average, which settled at $11.96. In addition, Apollomics Inc saw -91.54% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for APLM

Current profitability levels for the company are sitting at:

  • -23.37 for the present operating margin
  • 1.0 for the gross margin

The net margin for Apollomics Inc stands at -25.18. The total capital return value is set at -2.42. Equity return is now at value -149.31, with -107.81 for asset returns.

Based on Apollomics Inc (APLM), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -7.8.

Currently, EBITDA for the company is -171.75 million with net debt to EBITDA at 0.41. When we switch over and look at the enterprise to sales, we see a ratio of -5.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.

Conclusion

In conclusion, Apollomics Inc (APLM) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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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