Aptinyx Inc. (NASDAQ:APTX) does about 321.05K shares in volume on a normal day but saw 257833 shares change hands in Friday trading. The company now has a market cap of 37.27M USD. Its current market price is $0.58, marking a decrease of -3.30% compared to the previous close of $0.60. The 52 week high reached by this stock is $3.76 whilst the lowest price level in 52 weeks is $0.20. The script in recent trading has seen the stock touch a high of $0.6001 and a low of $0.55.
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Aptinyx Inc. (APTX) has a 20-day trading average at $0.5283 and the current price is -84.57% off the 52-week high compared with 190.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4115 and its 200-day simple moving average is $0.4399. If we look at the stock’s price movements over the week, volatility stands at 20.87%, which decreases to 14.76% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.02 to suggest the stock is neutral.
6 analysts observing the Aptinyx Inc. (APTX) stock have set the 12-month price targets for the company’s shares at between $1.00 and $3.00. The consensus objective for the share price is $2.00, suggesting that the stock has a potential upside of 71.0% over the period. The median price target is 71.0% away from the current levels at $2.00.
FactSet Research has provided data showing that 6 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 5 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
SunTrust initiated its price target at $15.
The current price level is 11.65%, 43.29%, and 31.41% away from its SMA20, SMA50, and SMA200 respectively, with the APTX price moving below the 50-day SMA on February 17. Aptinyx Inc. (APTX) stock is down -14.71% over the week and 31.82% over the past month. Its price is 103.29% year-to-date and -83.80% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/29/2022, with the company’s earnings per share (EPS) of -$0.23 above consensus estimates by $0.01. The company’s next earnings report is expected on 05/17/2023, with forecasts estimating quarterly EPS at -$0.2 and -$0.98 for whole year. APTX’s earnings per share are forecast to grow by 11.70% this year and 25.50% over next year. In addition, estimates put the company’s current quarterly revenue at an average of $930k.
Its 12-month price target is $2.00. To reach the target analysts have set, the stock logically needs to grow 71.0 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $3.00.
Outstanding shares total 67.72M with insiders holding 13.28% of the shares and institutional holders owning 45.79% of the company’s common stock. The company has a return on investment of -68.40% and return on equity of -102.30%. The beta has a value of 1.28. Price to book ratio is 0.81.
Fidelity Extended Market Index Fu cut their holdings by -0.41% in the company over the course of the most recent quarter. It now holds a 0.30% position in Aptinyx Inc. thanks to 0.2 million shares amounting to $0.1 million.
