APPN has 36-month beta value of 1.63. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for APPN is 38.60M, and currently, short sellers hold a 4.46% ratio of that float. The average trading volume of APPN on January 20, 2025 was 474.49K shares.
APPN) stock’s latest price update
The stock of Appian Corp (NASDAQ: APPN) has decreased by -2.93 when compared to last closing price of 33.79. Despite this, the company has experienced a -2.61% fall in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-15 that MCLEAN, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) — Appian (Nasdaq: APPN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024, before the U.S. financial markets open on Wednesday, February 19, 2025.
APPN’s Market Performance
Appian Corp (APPN) has seen a -2.61% fall in stock performance for the week, with a -12.04% decline in the past month and a 5.43% surge in the past quarter. The volatility ratio for the week is 3.89%, and the volatility levels for the past 30 days are at 3.92% for APPN. The simple moving average for the past 20 days is -3.39% for APPN’s stock, with a -2.42% simple moving average for the past 200 days.
Analysts’ Opinion of APPN
Scotiabank, on the other hand, stated in their research note that they expect to see APPN reach a price target of $37. The rating they have provided for APPN stocks is “Sector Perform” according to the report published on January 06th, 2025.
APPN Trading at -10.72% from the 50-Day Moving Average
After a stumble in the market that brought APPN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.30% of loss for the given period.
Volatility was left at 3.92%, however, over the last 30 days, the volatility rate increased by 3.89%, as shares sank -12.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.92% lower at present.
During the last 5 trading sessions, APPN fell by -2.61%, which changed the moving average for the period of 200-days by -12.51% in comparison to the 20-day moving average, which settled at $33.95. In addition, Appian Corp saw -0.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APPN starting from McCarthy William D., who sale 700 shares at the price of $38.78 back on Dec 03 ’24. After this action, McCarthy William D. now owns 7,966 shares of Appian Corp, valued at $27,146 using the latest closing price.
McCarthy William D., the Director of Appian Corp, proposed sale 700 shares at $37.85 during a trade that took place back on Dec 02 ’24, which means that McCarthy William D. is holding shares at $26,495 based on the most recent closing price.
Stock Fundamentals for APPN
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.74 for the gross margin
The net margin for Appian Corp stands at -0.15. The total capital return value is set at -0.3. Equity return is now at value -968.54, with -15.45 for asset returns.
Based on Appian Corp (APPN), the company’s capital structure generated 1.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at -6.42. The interest coverage ratio of the stock is -3.3.
Currently, EBITDA for the company is -80.9 million with net debt to EBITDA at -3.27. When we switch over and look at the enterprise to sales, we see a ratio of 4.44. The receivables turnover for the company is 4.25for trailing twelve months and the total asset turnover is 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To put it simply, Appian Corp (APPN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
