Is Aptorum Group Ltd Stock Good For Long-Term Investing?

Aptorum Group Ltd (NASDAQ:APM) traded at $9.31 at last check on Tuesday, March 19, made an upward move of 18.81% on its previous day’s price.

Looking at the stock we see that its previous close was $7.84 and the beta (5Y monthly) reads -0.01. In terms of its 52-week price range, APM has a high of $17.49 and a low of $1.35. The company’s stock has gained about 398.13% over that past 30 days.

Aptorum Group Ltd has a market cap of $48.25 million and is expected to release its quarterly earnings report on Apr 28, 2024 – May 02, 2024.

According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2020 is expected to hit $912k, or 70.50% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the APM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.

Looking further, we note the current price level is 135.84% off its SMA20 and 253.88% from its 50-day simple moving average. The RSI (14) is pointing at 71.11 while the volatility over the past week is 28.68% and jumps to 44.59% over the past one month. The beta value is -0.03, while the average true range (ATR) is currently pointing at 1.91.

Coming back to Aptorum Group Ltd (NASDAQ:APM), we note that the average 3-month trading volume was 2.36 million, while that of the preceding 10-day period stands at 14.14 million. Current shares outstanding are 5.18 million.

The insiders hold 51.38% of the company’s shares while institutions hold 0.85%. The data shows that short shares as of Feb 29, 2024, stood at 342.0 at a short ratio of 0.06. This represents a 0.01% short interest in shares outstanding on Feb 29, 2024. Shares short fall in February from the previous month at 3770.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 280.42% up in year-to-date price movement.

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