Applied DNA Sciences Inc. (APDN): Check-out its Performance


Applied DNA Sciences Inc. (NASDAQ:APDN) changes shares on Wednesday trading session, with a change of -2.48% or -$0.27 shares. The trading starts at $10.86 and closed at $10.87 throughout the day. The trading session low price was $10.48 and day high was $11.01 on Wednesday, August 05. After the session, the Industrials sector daily volume shifted to 0.61 million while its average volume is 1.83M. In other hand, the APDN market cap reached to $42.93M.

On July 9, 2020, BRIEF-Applied Dna Sciences – Forms Clinical Testing Subsidiary To Maximize Utility Of FDA Eua-Approved Linea™ Covid-19 Assay Kit. According to the news reported on Reuters, * APPLIED DNA SCIENCES – FORMS CLINICAL TESTING SUBSIDIARY TO MAXIMIZE UTILITY OF FDA EUA-APPROVED LINEA™ COVID-19 ASSAY KIT

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 19.50% and up 30.38% for month. Its quarterly performance was 12.77% above, while its half year performance is up 173.90%. APDN yearly performance stood at negative -2.00% and rise 152.98% for year-to-date. Current recommendation for Applied DNA Sciences Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. APDN EPS (TTM) for 12-month is -4.90. EPS for this year is 38.90%, while for the next year its value is -0.81. Its EPS Q/Q reached 75.60%. It has an EPS of 24.20% up for past five years.

Let’s take a look on the analyst recommendations on APDN for the current month and previous month. For the current month, 2 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $21.00 – $22.00. Average target price for APDN was reached at $21.50.

The insider ownership moved to 5.30% and institutional holding shifted to 14.50%.

The company posted an EPS (TTM) of -4.90. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.67, while -1.6 EPS posted a year ago period. Analyst Estimated EPS for APDN published in the report was -$0.73 – -$0.62 during the same period. Comparing with last year, the average estimated EPS was -1.6 which is lower than -0.79 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for APDN rise 70.42% for period of 200 days. SMA for 50 days was 21.39% which is showing green signal, while SMA-20 was 13.57%. The moving average value for Applied DNA Sciences Inc. (APDN) is 6.63 and 8.77 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in APDN stock. On Jun 26, Montgomery William W, ex 5% owner, bought 110,000 trading shares at the cost of $5.25, which valued at 0.58 million. On Jun 18, Montgomery William W, 5% owner, bought 40,000 shares at the cost of $5.25, with total shares of 215,000. On Jun 09, Montgomery William W, 5% Owner, bought 75,000 shares at the cost of 5.25. After this transaction, Montgomery William W total shares reached to 175,000 which valued at 0.39 million.