The stock of APA Corporation (NASDAQ:APA) last traded at $18.57, down -1.69% from the previous session.
APA stock price is now -18.03% away from the 50-day moving average and -27.75% away from the 200-day moving average. The market capitalization of the company currently stands at $6.76B.
With the price target reduced from $42 to $25, Wells Fargo Downgraded its rating from Overweight to Equal Weight for APA Corporation (NASDAQ: APA). , while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Ellis Juliet S, Director bought 4,391 shares of the company’s stock on Dec 12 ’24. The stock was bought for $100,027 at an average price of $22.78. Upon completion of the transaction, the Director now directly owns 12,436 shares in the company, valued at $0.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 28 ’24, Former Officer LANNIE P ANTHONY bought 89,501 shares of the business’s stock. A total of $2,145,212 was incurred on buying the stock at an average price of $23.97. A total of 2.14% of the company’s stock is owned by insiders.
During the past 12 months, APA Corporation has had a low of $18.66 and a high of $36.04. As of last week, the company has a debt-to-equity ratio of 1.22, a current ratio of 1.15, and a quick ratio of 1.01.
The net profit margin was 8.26% and return on equity was 20.26% for APA. The company reported revenue of $2.5 billion for the quarter, compared to $1.89 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.24 percent. For the current quarter, analysts expect APA to generate $2.03B in revenue.
