Blue Apron Holdings Inc. (NYSE:APRN) finished Thursday with an addition of $0.02 to close at $0.82, an upside of 1.71 percent. An average of 6,574,820 shares of common stock have been traded in the last five days. There was a fall of -$0.0387 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 5,793,680 shares traded, while the 50-day average volume stands at 4,585,982.
APRN stock has decreased by -19.19% in the last month. The company shares reached their 1-month lowest point of $0.6100 on 12/14/22. With the stock rallying to its 52-week high on 01/20/22, shares of the company touched a low of $0.61 and a high of $9.21 in 52 weeks. It has reached a new high 5 times so far this year and lost -87.87% or -$5.9138 in price. In spite of this, the price is down -91.14% from the 52-week high.
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APRN stock investors should be aware that Blue Apron Holdings Inc. (APRN) stock had its last reported insider trading activity 32 days ago on Nov 28. In this transaction, the insider spent $801. President and CEO, Findley Linda, disposed of 10,191 shares at a price of $1.02 on Nov 28. The insider now owns more than $10,419 worth of shares. Prior to that, General Counsel & Corp. Sec’y Deutsch Meredith L went on to Sale 2,925 shares at $1.02 each on Nov 28. An amount of $2,991 was transacted.
Blue Apron Holdings Inc. (APRN) stock’s beta is -2.99. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.07, the price-to-book (PB) ratio at 1.01.
The quick ratio of Blue Apron Holdings Inc. for the three months ended June 29 was 0.60, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.97 and a total debt to equity ratio of 0.97 for the quarter ending June 29. Its gross profit as reported stood at $168.61 million compared to revenue of $470.38 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Blue Apron Holdings Inc.’s return on assets was -53.90%.
For the three-month period that ended June 29, Blue Apron Holdings Inc. had $27.37 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$25.75 million in the quarter, while revenues of -$23.12 million were shrunk -7.34%. The analyst consensus anticipated Blue Apron Holdings Inc.’s latest quarter earnings to come in at -$0.55 per share, but it turned out to be -$0.62, a -12.70% surprise. For the quarter, EBITDA amounted to -$18.97 million. Shareholders own equity worth $39.58 million.
From a technical analysis perspective, let’s take a brief look at Blue Apron Holdings Inc. (APRN) price momentum. RSI 9-day as of the close on 29 December was 46.75%, suggesting the stock is Neutral, with historical volatility in this time frame at 175.38%.
As of today, APRN’s price is $0.8661 -4.53% or -$0.0387 from its 5-day moving average. APRN is currently trading -19.98% lower than its 20-day SMA and -75.64% lower than its 100-day SMA. However, the stock’s current price level is -66.55% below the SMA50 and -81.66% below the SMA200.
The stochastic %K and %D were 34.32% and 43.69%, respectively, and the average true range (ATR) was 0.1401. With the 14-day stochastic at 36.82% and the average true range at 0.1501, the RSI (14) stands at 40.60%. The stock has reached -0.0031 on the 9-day MACD Oscillator while the 14-day reading was at 0.0434.
Lake Street launched coverage on Blue Apron Holdings Inc. (NYSE: APRN) in its analyst report released on August 10, 2022. The firm assigned the stock a Buy rating. The consensus rating for Blue Apron Holdings Inc. (APRN) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell APRN, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is APRN’s price target for the next 12 months?
Analysts predict a range of price targets between $2.00 and $7.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for Blue Apron Holdings Inc. (APRN) stock is $4.67.