In yesterday’s Wall Street session, Apple Inc (NASDAQ:AAPL) shares traded at $252.20, down -1.33% from the previous session.
AAPL stock price is now 6.28% away from the 50-day moving average and 18.39% away from the 200-day moving average. The market capitalization of the company currently stands at $3761.73B.
With the price target enhanced from $300 to $325, Wedbush maintained Outperform rating for Apple Inc (NASDAQ: AAPL). On December 02, 2024, UBS reiterated its ‘Neutral’ rating on the stock and kept its target price maintained at $236, while ‘MoffettNathanson’ rates the stock as ‘Neutral’
In other news, WILLIAMS JEFFREY E, COO sold 100,000 shares of the company’s stock on Dec 16 ’24. The stock was sold for $24,997,395 at an average price of $249.97. Upon completion of the transaction, the COO now directly owns 389,944 shares in the company, valued at $98.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Officer WILLIAMS JEFFREY E bought 100,000 shares of the business’s stock. A total of $24,997,440 was incurred on buying the stock at an average price of $249.97. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Apple Inc has had a low of $164.07 and a high of $260.10. As of last week, the company has a debt-to-equity ratio of 2.09, a current ratio of 0.87, and a quick ratio of 0.83. According to the stock market information, the enterprise value for the company is $3866098663424, which is based on a 41.55 price-to-earnings ratio, a 5.19 price-to-earnings-growth ratio, and a beta of 1.21. The fifty day moving average price for AAPL is $237.2946 and a two-hundred day moving average price translates $213.01955 for the stock.
The latest earnings results from Apple Inc (NASDAQ: AAPL) was released for 2024-09-28. The net profit margin was 23.97% and return on equity was 157.41% for AAPL. The company reported revenue of $94.93 billion for the quarter, compared to $89.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.07 percent.
