Applovin Corp (APP) concluded trading on Thursday at a closing price of $450.01, with 11.19 million shares of worth about $5.04 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 424.40% during that period and on February 20, 2025 the price saw a loss of about -8.94%. Currently the company’s common shares owned by public are about 309.35M shares, out of which, 208.87M shares are available for trading.
Stock saw a price change of 18.32% in past 5 days and over the past one month there was a price change of 32.99%. Year-to-date (YTD), APP shares are showing a performance of 38.96% which increased to 651.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $54.50 but also hit the highest price of $525.15 during that period. The average intraday trading volume for Applovin Corp shares is 5.48 million. The stock is currently trading 13.02% above its 20-day simple moving average (SMA20), while that difference is up 24.51% for SMA50 and it goes to 139.88% higher than SMA200.
Applovin Corp (NASDAQ: APP) currently have 309.35M outstanding shares and institutions hold larger chunk of about 60.77% of that.
The stock has a current market capitalization of $153.02B and its 3Y-monthly beta is at 2.32. PE ratio of stock for trailing 12 months is 99.11, while it has posted earnings per share of $4.54 in the same period. Its PEG reads 2.51 and has Quick Ratio of 2.41 while making debt-to-equity ratio of 3.26. 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 11.27% while standing at 6.81% over the month.
Stock’s fiscal year EPS is expected to rise by 45.96% while it is estimated to increase by 49.03% in next year. EPS is likely to shrink at an annualized rate of 39.43% for next 5-years, compared to annual growth of 84.28% 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.
