Apex Technology Acquisition Corporation (NASDAQ: APXT) is -27.51% lower on its value in year-to-date trading and has touched a low of $9.63 and a high of $17.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The APXT stock was last observed hovering at around $11.07 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $10.88, the stock is -2.69% and -9.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing -1.72% at the moment leaves the stock -9.93% off its SMA200. APXT registered 11.02% gain for a year compared to 6-month gain of 5.94%. The firm has a 50-day simple moving average (SMA 50) of $11.63 and a 200-day simple moving average (SMA200) of $12.84.
The stock witnessed a -1.81% loss in the last 1 month and extending the period to 3 months gives it a -29.44%, and is 1.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.64% over the week and 4.12% over the month.
Distance from 52-week low is 12.98% and -39.22% from its 52-week high.
Apex Technology Acquisition Corporation (APXT) Analyst Forecasts
The EPS is expected to shrink by -566.70% this year.
Apex Technology Acquisition Corporation (APXT) Top Institutional Holders
55 institutions hold shares in Apex Technology Acquisition Corporation (APXT), with 2.68M shares held by insiders accounting for 6.02% while institutional investors hold 13.26% of the company’s shares. The shares outstanding are 44.56M, and float is at 33.65M with Short Float at 7.46%. Institutions hold 12.46% of the Float.
The top institutional shareholder in the company is Phoenix Holdings Ltd. with over 1.5 million shares valued at $22.52 million. The investor’s holdings represent 4.19% of the APXT Shares outstanding. As of Dec 30, 2020, the second largest holder is Magnetar Financial LLC with 0.65 million shares valued at $9.69 million to account for 1.80% of the shares outstanding. The other top investors are Washington Harbour Partners, LP which holds 0.56 million shares representing 1.56% and valued at over $8.41 million, while Marshall Wace LLP holds 1.12% of the shares totaling 0.4 million with a market value of $6.0 million.
Apex Technology Acquisition Corporation (APXT) Insider Activity
A total of 0 insider transactions have happened at Apex Technology Acquisition Corporation (APXT) in the last six months, with sales accounting for 0 and purchases happening 0 times.