Apollo Strategic Growth Capital (NYSE:APSG) finished Thursday with a subtraction of -$0.01 to close at $9.79, a downside of -0.10 percent. An average of 854,720 shares of common stock have been traded in the last five days. There was a gain of $0.03 in the past week. The last 20 days have seen an average of 302,385 shares traded, while the 50-day average volume stands at 241,358.
APSG stock has increased by 0.51% in the last month. The company shares reached their 1-month lowest point of $9.72 on 09/08/21. Shares of the company touched a low of $9.64 and a high of $11.40 in 52 weeks. In spite of this, the price is down -14.12% from the 52-week high.
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Apollo Strategic Growth Capital (APSG) has a trailing price-to-earnings (P/E) ratio of 890.00, which compares with the 7.10 for the broader industry and 12.83 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Apollo Strategic Growth Capital’s PE ratio has ranged between 1585.46 and 504.32. Other valuation ratios to consider include the price-to-book (PB) ratio at 1.36.
The quick ratio of Apollo Strategic Growth Capital for the three months ended October 30 was 0.20, and the current ratio was 0.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.01 For the recent quarter ending October 30.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Apollo Strategic Growth Capital’s return on assets was 0.30%. For the broader industry, ROE averaged -23.14 over the past year.
The analyst consensus anticipated Apollo Strategic Growth Capital’s latest quarter earnings to come in at $0.22 per share, but it turned out to be $0.23, a 4.50% surprise. Shareholders own equity worth $102.1 million.
From a technical analysis perspective, let’s take a brief look at Apollo Strategic Growth Capital (APSG) price momentum. RSI 9-day as of the close on 07 October was 55.65%, suggesting the stock is Neutral, with historical volatility in this time frame at 3.28%.
As of today, APSG’s price is $9.79 +0.31% or $0.03 from its 5-day moving average. APSG is currently trading +0.41% higher than its 20-day SMA and +0.20% higher than its 100-day SMA. However, the stock’s current price level is +0.62% above the SMA50 and -4.95% below the SMA200.
The stochastic %K and %D were 70.83% and 63.89%, respectively, and the average true range (ATR) was 0.03. With the 14-day stochastic at 62.50% and the average true range at 0.03, the RSI (14) stands at 56.12%. The stock has reached 0.01 on the 9-day MACD Oscillator while the 14-day reading was at 0.01.