Apple Inc (NASDAQ:AAPL) shares traded -0.05% lower at $244.47 on Wall Street last session.
AAPL stock price is now 1.63% away from the 50-day moving average and 9.46% away from the 200-day moving average. The market capitalization of the company currently stands at $3672.45B.
With the price target maintained at $200, KeyBanc Capital Markets maintained Underweight rating for Apple Inc (NASDAQ: AAPL). , while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, LEVINSON ARTHUR D, Director sold 1,516 shares of the company’s stock on Feb 03 ’25. The stock was sold for $343,147 at an average price of $226.35. Upon completion of the transaction, the Director now directly owns 4,159,576 shares in the company, valued at $1.02 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, Director LEVINSON ARTHUR D bought 1,516 shares of the business’s stock. A total of $343,147 was incurred on buying the stock at an average price of $226.35. A total of 0.13% 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 1.45, a current ratio of 0.92, and a quick ratio of 0.88.
The net profit margin was 24.30% and return on equity was 136.52% for AAPL. The company reported revenue of $124.3 billion for the quarter, compared to $119.58 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.95 percent. For the current quarter, analysts expect AAPL to generate $94.21B in revenue.
