Applovin Corp (APP) concluded trading on Wednesday at a closing price of $380.32, with 8.41 million shares of worth about $3.2 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 408.72% during that period and on February 12, 2025 the price saw a gain of about 1.35%. Currently the company’s common shares owned by public are about 298.56M shares, out of which, 199.96M shares are available for trading.
Stock saw a price change of 3.27% in past 5 days and over the past one month there was a price change of 20.48%. Year-to-date (YTD), APP shares are showing a performance of 17.44% which increased to 720.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.12 but also hit the highest price of $417.64 during that period. The average intraday trading volume for Applovin Corp shares is 5.41 million. The stock is currently trading 4.91% above its 20-day simple moving average (SMA20), while that difference is up 9.00% for SMA50 and it goes to 114.52% higher than SMA200.
Applovin Corp (NASDAQ: APP) currently have 298.56M outstanding shares and institutions hold larger chunk of about 56.98% of that.
The stock has a current market capitalization of $127.63B and its 3Y-monthly beta is at 2.30. PE ratio of stock for trailing 12 months is 115.07, while it has posted earnings per share of $3.31 in the same period. Its PEG reads 2.92 and has Quick Ratio of 2.41 while making debt-to-equity ratio of 3.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APP, volatility over the week remained 5.03% while standing at 5.05% over the month.
Stock’s fiscal year EPS is expected to rise by 34.37% while it is estimated to increase by 37.27% in next year. EPS is likely to shrink at an annualized rate of 39.45% for next 5-years, compared to annual growth of 46.35% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by The Benchmark Company on January 10, 2025 offering a Buy rating for the stock and assigned a target price of $375 to it. Coverage by Piper Sandler stated Applovin Corp (APP) stock as an Overweight in their note to investors on November 20, 2024, suggesting a price target of $400 for the stock. On November 08, 2024, Daiwa Securities Upgrade their recommendations, while on October 29, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $200. Stock get a Buy rating from Loop Capital on October 22, 2024.
