Blue Apron Holdings Inc. (NYSE:APRN) saw an upside of 13.55% to close Monday at $1.09 after adding $0.13 on the day. The 5-day average trading volume is 20,661,039 shares of the company’s common stock. It has gained $1.2308 in the past week and touched a new high 1 time within the past 5 days. An average of 11,829,205 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,634,334.
APRN’s 1-month performance is 60.18% or $0.1210 on its low of $0.6830 reached on 01/09/23. The company’s shares have touched a 52-week low of $0.61 and high of $8.58, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, APRN has achieved 31.33% or $0.2600 and has reached a new high 4 times. However, the current price is down -87.30% from the 52-week high price.
APRN stock investors last saw insider trading activity on Nov 28.Leitgeb Terri (Chief People Officer) most recently sold 784 shares at $1.02 per share on Nov 28. This transaction cost the insider $801. President and CEO, Findley Linda, sold 10,191 shares at a price of $1.02 on Nov 28. Then, on Nov 28, General Counsel & Corp. Sec’y Deutsch Meredith L sold 2,925 shares at a price of $1.02 per share. This transaction amounted to $2,991.
APRN stock has a beta of -2.91. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.09 while the price-to-book (PB) in the most recent quarter is 1.35.
Blue Apron Holdings Inc.’s quick ratio for the period ended September 29 was 0.60, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.97, while the total debt to equity was 0.97. In terms of profitability, the gross margin trailing 12 months is 33.70%. The firm’s gross profit as reported stood at $168.61 million against revenue of $470.38 million.
For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -7.34% to -$25.75 million, while revenue of -$23.12 million was 10.21% off the previous quarter. Analysts expected APRN to announce -$0.5 per share in earnings in its latest quarter, but it posted -$0.74, representing a -48.00% surprise. EBITDA for the quarter stood at more than -$18.97 million. APRN stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 155.85 million, with total debt at $63.16 million. Shareholders hold equity totaling $39.58 million.
Let’s look briefly at Blue Apron Holdings Inc. (APRN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 68.24% to suggest the stock is trending Neutral, with historical volatility in this time period at 120.51%.
The stock’s 5-day moving average is $0.9754, reflecting a +7.92% or $0.0800 change from its current price. APRN is currently trading +27.50% above its 20-day SMA, -81.49% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -33.54% and SMA200 by-74.23%.
Stochastic %K and %D was 46.26% and 40.94% and the average true range (ATR) pointed at 0.1687. The RSI (14) points at 59.74%, while the 14-day stochastic is at 62.91% with the period’s ATR at 0.1620. The stock’s 9-day MACD Oscillator is pointing at 0.0471 and 0.1109 on the 14-day charts.
In the most recent analyst report for Blue Apron Holdings Inc. (NYSE: APRN), Lake Street launched coverage with a Buy rating. Analysts offering their rating for APRN stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate APRN as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is APRN’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.00 and a high of $5.00, with their median price target at $5.00. Looking at these predictions, the average price target given by analysts is for Blue Apron Holdings Inc. (APRN) stock is $4.00.