APi Group Corporation [NYSE: APG] gained 6.08% or 0.84 points to close at $14.65 with a heavy trading volume of 1377226 shares.
It opened the trading session at $14.54, the shares rose to $15.10 and dropped to $14.24, the range by which the price of stock traded the whole day. The daily chart for APG points out that the company has recorded 148.31% gains over the past six months. However, it is still -240.7% lower than its most recent low trading price.
If we look at the average trading volume of 1.36M shares, APG reached to a volume of 1377226 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about APi Group Corporation [APG]:
Barclays have made an estimate for APi Group Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 22, 2020. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Outperform. The new note on the price target was released on June 24, 2020, representing the official price target for APi Group Corporation stock. Previously, the target price had yet another raise to $13, while UBS analysts kept a Buy rating on APG stock.
The Average True Range (ATR) for APi Group Corporation is set at 0.61, with the Price to Sales ratio for APG stock in the period of the last 12 months amounting to 0.65. The Price to Book ratio for the last quarter was 1.58, with the Price to Cash per share for the same quarter was set at 2.22.
Trading performance analysis for APG stock
APi Group Corporation [APG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.97. With this latest performance, APG shares dropped by -2.14% in over the last four-week period, additionally plugging by 148.31% over the last 6 months – not to mention a rise of 62.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APG stock in for the last two-week period is set at 58.53, with the RSI for the last a single of trading hit 60.27, and the three-weeks RSI is set at 56.21 for APi Group Corporation [APG]. The present Moving Average for the last 50 days of trading for this stock 14.11, while it was recorded at 14.08 for the last single week of trading.
APi Group Corporation [APG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and APi Group Corporation [APG] shares currently have an operating margin of -1.15 and a Gross Margin at +18.26. APi Group Corporation’s Net Margin is presently recorded at -1.64.
Return on Total Capital for APG is now -2.18, given the latest momentum, and Return on Invested Capital for the company is -3.14. Return on Equity for this stock declined to -4.47, with Return on Assets sitting at -2.55. When it comes to the capital structure of this company, APi Group Corporation [APG] has a Total Debt to Total Equity ratio set at 74.67. Additionally, APG Total Debt to Total Capital is recorded at 42.75, with Total Debt to Total Assets ending up at 32.71. Long-Term Debt to Equity for the company is recorded at 72.05, with the Long-Term Debt to Total Capital now at 41.25.
Reflecting on the efficiency of the workforce at the company, APi Group Corporation [APG] managed to generate an average of -$4,558 per employee. Receivables Turnover for the company is 8.39 with a Total Asset Turnover recorded at a value of 1.56.APi Group Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.70.
An analysis of insider ownership at APi Group Corporation [APG]
There are presently around $1,743 million, or 75.20% of APG stock, in the hands of institutional investors. The top three institutional holders of APG stocks are: VIKING GLOBAL INVESTORS LP with ownership of 33,333,333, which is approximately New of the company’s market cap and around 11.60% of the total institutional ownership; VANGUARD GROUP INC, holding 12,646,758 shares of the stock with an approximate value of $185.28 million in APG stocks shares; and PERMIAN INVESTMENT PARTNERS, LP, currently with $128.61 million in APG stock with ownership of nearly New of the company’s market capitalization.
Positions in APi Group Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 100 institutional holders increased their position in APi Group Corporation [NYSE:APG] by around 117,511,989 shares. Additionally, 2 investors decreased positions by around 110,800 shares, while 0 investors held positions by with 1,358,717 shares. The mentioned changes placed institutional holdings at 118,981,506 shares, according to the latest SEC report filing. APG stock had 97 new institutional investments in for a total of 114,938,887 shares, while 0 institutional investors sold positions of 0 shares during the same period.