The stock of APA Corporation (NASDAQ:APA) last traded at $22.52, down -0.66% from the previous session.
APA stock price is now -7.15% away from the 50-day moving average and -21.61% away from the 200-day moving average. The market capitalization of the company currently stands at $8.33B.
On June 14, 2024, Evercore ISI Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock reducing its target price from $52 to quote $39, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, LANNIE P ANTHONY, Former Officer bought 89,501 shares of the company’s stock on Oct 28 ’24. The stock was bought for $2,145,212 at an average price of $23.97. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, Director Rabun Daniel Wayne bought 75,998 shares of the business’s stock. A total of $2,251,820 was incurred on buying the stock at an average price of $29.63. A total of 2.11% of the company’s stock is owned by insiders.
During the past 12 months, APA Corporation has had a low of $21.15 and a high of $37.82. As of last week, the company has a debt-to-equity ratio of 1.27, a current ratio of 1.24, and a quick ratio of 1.07. The fifty day moving average price for APA is $24.309 and a two-hundred day moving average price translates $28.7678 for the stock.
The latest earnings results from APA Corporation (NASDAQ: APA) was released for 2024-09-30. The net profit margin was 24.18% and return on equity was 71.80% for APA. The company reported revenue of $2.54 billion for the quarter, compared to $2.31 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.0 percent.
