Apple Hospitality REIT Inc (APLE) concluded trading on Wednesday at a closing price of $12.90, with 4.53 million shares of worth about $58.46 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.85% during that period and on April 03, 2025 the price saw a loss of about -0.15%. Currently the company’s common shares owned by public are about 239.77M shares, out of which, 222.93M shares are available for trading.
Stock saw a price change of -2.20% in past 5 days and over the past one month there was a price change of -11.03%. Year-to-date (YTD), APLE shares are showing a performance of -15.96% which decreased to -20.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.65 but also hit the highest price of $16.45 during that period. The average intraday trading volume for Apple Hospitality REIT Inc shares is 2.25 million. The stock is currently trading -4.18% below its 20-day simple moving average (SMA20), while that difference is down -10.89% for SMA50 and it goes to -12.79% lower than SMA200.
Apple Hospitality REIT Inc (NYSE: APLE) currently have 239.77M outstanding shares and institutions hold larger chunk of about 86.12% of that.
The stock has a current market capitalization of $3.09B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 14.55, while it has posted earnings per share of $0.89 in the same period. It has a debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APLE, volatility over the week remained 2.15% while standing at 2.57% over the month.
Stock’s fiscal year EPS is expected to drop by -10.11% while it is estimated to increase by 3.33% in next year.
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 BofA Securities on January 27, 2025 offering a Buy rating for the stock and assigned a target price range of between $16 and $17 to it. Coverage by BMO Capital Markets stated Apple Hospitality REIT Inc (APLE) stock as an Outperform in their note to investors on December 09, 2024, suggesting a price target of $18 for the stock. On June 03, 2024, Wedbush Initiated their recommendations, while on January 08, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $18. Stock get an Equal weight rating from Wells Fargo on December 08, 2023.
