AppTech Payments Corp (NASDAQ: APCX) is -80.85% lower on its value in year-to-date trading and has touched a low of $0.31 and a high of $2.30 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 APCX stock was last observed hovering at around $0.39 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.38, the stock is -13.76% and -33.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.5 million and changing -1.58% at the moment leaves the stock -55.60% off its SMA200. APCX registered -72.79% loss for a year compared to 6-month loss of -56.12%. The firm has a 50-day simple moving average (SMA 50) of $0.58074 and a 200-day simple moving average (SMA200) of $0.8653.
The stock witnessed a -23.49% gain in the last 1 month and extending the period to 3 months gives it a -48.52%, and is -8.41% down 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 18.86% over the week and 13.98% over the month.
AppTech Payments Corp (APCX) has around 18 employees, a market worth around $10.53M and $0.36M in sales. Profit margin for the company is -3119.45%. Distance from 52-week low is 22.90% and -83.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-779.33%).
21.0 institutions hold shares in AppTech Payments Corp (APCX), with institutional investors hold 5.53% of the company’s shares. The shares outstanding are 27.48M, and float is at 24.87M with Short Float at 0.83%. Institutions hold 4.74% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.64 million shares valued at $0.6 million. The investor’s holdings represent 2.8416 of the APCX Shares outstanding. As of 2024-06-30, the second largest holder is GREENWICH WEALTH MANAGEMENT LLC with 0.22 million shares valued at $0.2 million to account for 0.9584 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.16 million shares representing 0.6978 and valued at over $0.15 million, while CONCURRENT INVESTMENT ADVISORS, LLC holds 0.2307 of the shares totaling 52002.0 with a market value of $48882.0.
