APA Corporation (APA) concluded trading on Wednesday at a closing price of $23.59, with 6.84 million shares of worth about $161.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.35% during that period and on February 19, 2025 the price saw a gain of about 0.08%. Currently the company’s common shares owned by public are about 369.92M shares, out of which, 361.83M shares are available for trading.
Stock saw a price change of 1.20% in past 5 days and over the past one month there was a price change of -3.32%. Year-to-date (YTD), APA shares are showing a performance of 2.17% which decreased to -24.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.32 but also hit the highest price of $36.04 during that period. The average intraday trading volume for APA Corporation shares is 6.55 million. The stock is currently trading 3.50% above its 20-day simple moving average (SMA20), while that difference is up 3.51% for SMA50 and it goes to -9.60% lower than SMA200.
APA Corporation (NASDAQ: APA) currently have 369.92M outstanding shares and institutions hold larger chunk of about 88.35% of that.
The stock has a current market capitalization of $8.73B and its 3Y-monthly beta is at 3.27. PE ratio of stock for trailing 12 months is 3.34, while it has posted earnings per share of $7.06 in the same period. It has Quick Ratio of 1.07 while making debt-to-equity ratio of 1.27. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APA, volatility over the week remained 3.45% while standing at 3.45% over the month.
Stock’s fiscal year EPS is expected to drop by -11.90% while it is estimated to decrease by -7.21% in next year. EPS is likely to shrink at an annualized rate of -9.11% for next 5-years, compared to annual growth of 145.22% 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 Wells Fargo on December 17, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $42 and $25 to it. Coverage by Wolfe Research stated APA Corporation (APA) stock as an Outperform in their note to investors on July 18, 2024, suggesting a price target of $42 for the stock. On June 14, 2024, Evercore ISI Downgrade their recommendations, while on April 24, 2024, Wells Fargo Resumed their ratings for the stock with a price target of $55. Stock get an Equal weight rating from Barclays on April 10, 2024.
